Bissoy.com
Doctors Medicines MCQs Q&A

If the data of the streams of the MSP are all correlated (perfectly), what control procedure may be adopted?

If the data of the streams of the MSP are all correlated (perfectly), what control procedure may be adopted? Correct Answer One control chart for the any stream of all streams

If the data of the MSP are all correlated perfectly, the control procedure, which may be adopted, can be to design one control chart for any one stream of all streams.

Related Questions

Regarding the new MSP of Paddy declared by the Government in July 2018, which of the following statements are correct? 1. MSP of Paddy (Common Grade) has been increased by Rs. 200/- per quintal and of Grade A variety by Rs. 160/- per quintal. 2. MSP of Paddy (Common Grade) has been increased by Rs. 160/- per quintal and of Grade A variety by Rs. 200/- per quintal. 3. The new MSP of Paddy (Common Grade) and Grade A variety is Rs. 1750/- per quintal. 4. The new MSP of Paddy (Common Grade) is Rs. 1750/- per quintal and of Grade A is Rs. 1770/- per quintal.
Consider the following statements with respect to Minimum Support Price (MSP): 1. MSP is computed on the basis of the recommendations made by the Commission for Agricultural Costs and Prices (CACP). 2. Currently tea is covered under the MSP. 3. MSP for food grains is always kept necessarily higher than the market price of the grains. Which of the statements given above is/are correct?
The practical situation of MSP says that all the data from the streams are perfectly correlated.
Choose the correct code for the following statements being correct or incorrect. Statement I : When the two securities returns are perfectly positively correlated, the risk of their portfolio is just a weighted average of the individual risks of the securities. In such case, diversification does not provide risk reduction but only risk averaging. Statement II : Total risk of a portfolio of two risk securities can be completely eliminated when their returns are perfectly negatively correlated and their proportionate holdings in the portfolio are inversely related to the relative individual risks of the securities. 
According to the evaluation report of Niti Ayog related to Minimum Support Price (MSP), which of the following statement (s) is/are correct? (a) MSP is declared before the sowing season. (b) The idea behind MSP is to give guaranteed prices to the farmers and save them from price fluctuations. (c) With globalization resulting in free trade in agricultural commodities, it is not important to protect the farmers from the unwarranted fluctuations in prices.
Which of the following statements are true?
Statement I Big data refers to no precise quantity, but generally refers to data in the range of Petabytes and Exabyte, i.e. billions to trillions of records, all from various sources. Big data is generated much faster. than traditional data in much larger quantities.
Statement II Big data interests industries because they are able to learn more patterns and curious variances than smaller data sets, with the capability to provide valuable insights into consumer behaviour, weather systems, financial market activity, or other phenomena.
Statement III Various departments and product lines use various applications within most organisations and store data in separate datasets. These separate databases may contain similar data, but data from one data base to another is not always consistent. This is called data silo.
Which of the following is/are the advantages of using a control chart for inspection? (i) A control chart indicates whether the process is in control or out of control. (ii) A control chart determines process variability. (iii) A control chart ensures product quality. (iv) Scrap or percentage reduction can be reduced by taking the necessary actions in time against the warnings indicated by control charts. (v) Control charts build up the reputation of the organization through customer’s satisfaction. (vi) The control chart can detect the unusual variations taking place in a process.
Consider the following statements: 1. In the case of all cereals, pulses and oil-seeds, the procurement at Minimum Support Price (MSP) is unlimited in any State/UT of India. 2. In the case of cereals and pulses, the MSP is fixed in any State/UT at level to which the market price will never rise. Which of the statements given above is/are correct?
Government has declared MSP for mature dehusked coconut for the season 2020 at 2,700 rupees per quintal. The Centre has hiked the MSP by how much per cent?
The Government of India releases MSP of agricultural produce from time to time. What is the full form of MSP?