What is the expected value of random error ?

What is the expected value of random error ?
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The expected value of random error is 0
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Last Answer : C. $ 20,000 profit

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Political unrest, budget overruns, size and complexity of the project Answer: B (8)Decision trees are best used for : 1. Determining the interaction of the amount at stake and the expected value 2. Association of the probabilities with the risk events 3. An illustration of how to see the interactions between decisions and the associated events 4. A flow chart which determines the standard deviation of the risk event

Description : Political unrest, budget overruns, size and complexity of the project  Answer: B  (8)Decision trees are best used for : 1. Determining the interaction of the amount at stake and the expected ... and the associated events  4. A flow chart which determines the standard deviation of the risk event

Last Answer : 3. An illustration of how to see the interactions between decisions and the associated events

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In a manufacturing industry, breakeven point occurs, when the (A) Total annual rate of production equals the assigned value (B) Total annual product cost equals the total annual sales (C) Annual profit equals the expected value (D) Annual sales equals the fixed cost

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Pick up the correct statement from the following: (A) Forward pass is used for calculating earliest expected time (B) Backward pass is used for calculating the latest occurrence time (C) Maximum value of earliest expected time is used if there is more than one value of any event (D) All the above

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What is the average domestic investment in the year 2014? (You are not expected to calculate the exact value? a) Rs.2814.28 Crore b) Rs.2519.75 Crore c) Rs.2234.82 Crore d) Rs.3151.51 Crore e) Rs.3329.79 Crore

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Last Answer : a) Rs.2814.28 Crore

The deviation of a reading from the expected value

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What is the degree of exactness of measurement when compared to the expected value of the variable being measured?

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Gross assets are Rs.1,01,000, fictitious assets Rs.350 are included in the gross assets. External liabilities are Rs.7,500. 6% prefer share capital is Rs.45,000. Equity capital is 4,500 equity shares of Rs.10 each fully paid. Average expected profit is Rs.8,500. Transfer to reserves is 10%. Pref. dividend is payable. NRR is 9%. The Net Asset Value Per share is A Rs.11 B Rs.10.70 C Rs.15 D Rs.20s

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Last Answer : Rs.10.70

Marketers have traditionally classified products on the basis of three characteristics: ________, tangibility, and use. A. Customer value hierarchy B. Expected C. Augmented D. Durability

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The method which depreciates the tractor or machine to zero at the end of its expected life is known as: A. Estimated value B. Sum-of-the digits C. Declining balance D. Straight line

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When all the players of the game follow their optimal strategies, then the expected pay off of the game is called....................... a. Gain of the game b. Loss of the game c. Value of the game d. None of these

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‘Marginal efficiency of capital’ is (1) expected rate of return on new investment (2) expected rate of return of existing investment (3) difference between rate of profit and rate of interest (4) value of output per unit of capital invested

Description : ‘Marginal efficiency of capital’ is (1) expected rate of return on new investment (2) expected rate of return of existing investment (3) difference between rate of profit and rate of interest (4) value of output per unit of capital invested

Last Answer :  expected rate of return on new investment

Indicate the false statement A. The noise generated in a resistance or the resistive component of any impedance is random. B. Random noise power is proportional to the bandwidth over which is measured C. A random voltage across the resistor does not exist D. All formula referring to random noise are applicable only to the value of such noise.

Description : Indicate the false statement A. The noise generated in a resistance or the resistive component of any impedance is random. B. Random noise power is proportional to the bandwidth over which is measured ... exist D. All formula referring to random noise are applicable only to the value of such noise.

Last Answer : C. A random voltage across the resistor does not exist

Who should select the specific welds for NDT, to cover the 10% contractual percentage required by the specification/Code? a) Anyone can select the welds as its just a random choice b) The welder as he knows which welds are likely to produce the least defects c) This will be referenced in the inspection and test plan d) Nobody, as welding is always carried out to a high standard the use of percentage NDT is of no real value

Description : Who should select the specific welds for NDT, to cover the 10% contractual percentage required by the specification/Code? a) Anyone can select the welds as its just a random choice b) The welder ... welding is always carried out to a high standard the use of percentage NDT is of no real value

Last Answer : c) This will be referenced in the inspection and test plan

A computer program selects an integer in the set {k : 1 ≤ k ≤ 10,00,000} at random and prints out the result. This process is repeated 1 million times. What is the probability that the value k = 1 appears in the printout atleast once ? (A) 0.5 (B) 0.704 (C) 0.632121 (D) 0.68

Description : A computer program selects an integer in the set {k : 1 ≤ k ≤ 10,00,000} at random and prints out the result. This process is repeated 1 million times. What is the probability that the value k = 1 appears in the printout atleast once ? (A) 0.5 (B) 0.704 (C) 0.632121 (D) 0.68

Last Answer : (C) 0.632121

Why does percentage error decrease as units of measurement increase?

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Explain why a systematic error can’t be corrected for by taking the mean of many readings.?

Description : Explain why a systematic error can’t be corrected for by taking the mean of many readings.?

Last Answer : I don't understand the relevance of the image to the question. However, your basic idea seems to be close to the correct idea. A systematic error is in contrast to random ... actual value should be. This is why scientists must account for their estimated error using various statistical tools

What is a recurring error ?

Description : What is a recurring error ?

Last Answer : If the error in measuring a quantity is always one-sided, that is, if it is positive then it is only positive or if it is negative then it is only negative, then such error is called repetitive error.

What is Level Error ?

Description : What is Level Error ?

Last Answer : Answer : Lessons are wrong if there is no induction of Nikti , scattering magnetic value instrument etc. This type of error is called level error. These devices have leveling screws underneath. The instrument is leveled with leveling screws using slirite level or woolen yarn.

What is the mechanical cause of recurring error ?

Description : What is the mechanical cause of recurring error ?

Last Answer : : If the design or marking of the measuring instrument is not correct then repeat error occurs when measuring in that instrument. The capillary tube inside such a mercury thermometer must be ... temperature is measured with this thermometer, it will be more or less than the actual temperature.