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21. ERP Model is/are
Production planning and control
Planning and control
Business forecasting
All of the above
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22. Given P(A) = m/(m + n) This formula may be used in
Hypothesis
Regression analysis
Probability theory
Correlation analysis
23. The _________ that one of the several mutually exclusive events X1, X2...Xn shall happen is the sum of the probabilities of the individual events.
Probability
Error
24. The options-approved after the technical evaluation are tested on the
Financial consideration
Operational feasibility
Technical evaluation
Management process
25. About normal distribution the correct statement is
The normal distribution is a continuous probability distribution
Range of normal distribution is from -∞ to +∞.
Normal distribution is perfectly symmetrical.
All of the above.
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