--%>

Define Operational Analysis

Operational Analysis:

• Analysis method based on the measurement of the operational characteristics of the system.

• Relationships between mean values of system variables.

• Operational laws can be applied to most of the systems and do not require any suppositions about the distributions of the service times or interarrival times.

   Related Questions in Basic Statistics

  • Q : FIN512 Entrepreneurial Finance Chapter

      Chapter 6: Discussion Question: #4 p. 223  It is usually easier to forecast sales for a seasoned firm contrast to an early-stage venture because an early-stage venture has limited access to bank credit lines, sho

  • Q : Help An experiment is conducted in

    An experiment is conducted in which 60 participants each fill out a personality test, but not according to the way they see themselves. Instead, 20 are randomly assigned to fill it out according to the way they think a parent sees them (i.e. how a parent would fill it out to describe the participant

  • Q : Calculate the p- value Medical tests

    Medical tests were conducted to learn about drug-resistant tuberculosis. Of 284 cases tested in New Jersey, 18 were found to be drug- resistant. Of 536 cases tested in Texas, 10 were found to be drugresistant. Do these data indicate that New Jersey has a statisti

  • Q : Explain Queuing theory Queuing theory :

    Queuing theory: • Queuing theory deals with the analysis of lines where customers wait to receive a service:

    Q : Quantities in a queuing system

    Quantities in a queuing system: A: Count of

  • Q : Probability how can i calculate

    how can i calculate cumulative probabilities of survival

  • Q : Decision Variables Determine Decision

    Determine Decision Variables: Let X1 be the number of private homes to be inspectedLet X2 be the number of office buildings to be inspect

  • Q : Define Operational Analysis

    Operational Analysis: • Analysis method based on the measurement of the operational characteristics of the system.

    Q : Cumulative Frequency and Relative

    Explain differences between Cumulative Frequency and Relative Frequency?

  • Q : Statistics basic question This week you

    This week you will analyze if women drink more sodas than men.  For the purposes of this Question, assume that in the past there has been no difference.  However, you have seen lots of women drinking sodas the past few months.  You will perform a hypothesis test to determine if women now drink more