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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.
Inventory control Inventory Control is the guidance of provide, storage and convenience of items to ensure an adequate provide without excessive oversupply. It can also be known a
Show that for a single-output technology, Y is convex if and only if the production function f (z) is concave.
Definition of budget control as management of costs & expenses with examples. Budget control is the management of costs & expenses in accordance with an underlying budget.
Simple Linear Regression One measure of the risk or volatility of an individual stock is the standard deviation of the total return (capital appreciation plus dividends) over
how to get the standard deviation
what are the different types of transfer pricing?
how to record a new hedging in your books
Answers & examples of accounting for the follow on the file being sent to you.
All parts should be answered as briefly as possible (quality not quantity!). A few sentences will suffice. Just get your opinions across succinctly. Unnecessarily long answers will
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