Statistics for Business
31365≈0.0849\(\frac{31}{365}\) \(\approx\) 0.0849
Yes, classical methods are suitable.
30365≈0.0822\(\frac{30}{365}\) \(\approx\) 0.0822
No, classical methods are not suitable.
112≈0.0833\(\frac{1}{12}\) \(\approx\) 0.0833