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It Is Possible for a Linear Programming Model to Yield

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It is possible for a linear programming model to yield an optimal solution that has fractional values.


Definitions:

Mean

The arithmetic average of a dataset, found by adding all the numbers in the set and dividing by the count of numbers.

Standard Error

A statistical measure that describes the accuracy with which a sample distribution represents a population using the standard deviation.

Mean

The mean of a series of numbers, determined by dividing their total sum by the quantity of numbers in the series.

Confidence Interval

A range of values derived from sample statistics that is likely to contain the true population parameter with a given level of confidence.

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