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THE EVERYDAY TOOLS OF STATISTICAL
WHAT METHOD IS BEST?
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actual alternative analysis answer average basis Bayes Theorem bias calculation canonical analysis charts choice consumer cost Critical Path Method curve customers data collection decision demand error estimate evaluation example expected value experience factor analysis factors figures game theory important indicated individual initial interview inventory involved judgment kind label lead-time limited linear programming loss Markov chains mathematical matrix means measure method normal observation operation package payoff payoff matrix percent perceptual mapping population possible posterior probability precision prior probability probability distribution problem procedure profit position purpose quantities question random relationships relative requires respondents sample sell sequence simple simulation situation specific standard deviation statistical stock-out stoles strategy stratification survey symbols technique tion types usually validity variable variation