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1. (a) 'Statistics is the backbone of decision-making'. Describe. (b) 'Statistics is as good as the user'. Describe. 2. Differentiate between the following with example.
Depreciation Application procedure. Under this technique devaluation is incurred immediately to the Resources Consideration for example if 10% of devaluation is being incurred o
An internal report issued by the marketing manager of a oil-change franchise claims that the mean number of miles between oil changes is for franchise customers is at least 3600 mi
Definition of capitalization is termed or shown as a process of recording & classifying the expenditure on assets in a balance sheet. Can you explain me this term more.
Multi stage Sampling: This is a further development of cluster sampling. This techniques is meant for big inquiries extending to a considerably large l geographical area like an en
discuss the nature and causes of the components of an economic time series?
1) Define and explain the following: i) Ordering cost ii) Safety stock iii) Re-order point 2) Profit Volume Chart. 3) Discuss the various techniques of financial statement analysis
If there are 12 numbered balls in a basket (0-11), and you get 6 chances to pick a ball what are the odds to get two of the same number, 3 of the same number, 4, 5 and 6. I would
Median The median describes the value of the middle term in data. The data set must be ranked first in increasing order before the middle value is identified. The median separa
Explain Book value The net quantity at which an advantage or asset group appears on the books of account, as distinguished from its marketplace or intrinsic value where book value
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