Mathematical property of median, Financial Management

Assignment Help:

Mathematical Property

The sum of the deviations of the items from median, ignoring signs, is the least. For example, the median of 6, 10, 14, 18 and 22 is 14. The deviations from 14 ignoring signs are 8, 4, 0, 4 and 8 and the total is 24. This total is smaller than the one we obtain, if deviations are taken from any other value. Thus if deviations are taken from 12, values ignoring signs would be 6, 2, 2, 6 and 10 and the total would be 26. Mathematical Property

Related Discussions:- Mathematical property of median

Cost of preference capital, Cost of Preference capital (K ) The fixed ...

Cost of Preference capital (K ) The fixed rate of dividend payable to the Preference share holders is the cost of Preference capital. Exactly, the cost of Preference capital

Financial plan , As starting a new business, is it better to leas or buy th...

As starting a new business, is it better to leas or buy the business venture?. what factors should be considered. (Knowing that the equity finance is $150,000 and $250,000 could be

#titleEvaluate alternative hedging strategies, Peak Inc. needs to order Can...

Peak Inc. needs to order Canadian raw materials to use in its production process. The Canadian exporter typically invoices Peak in Canadian dollars. Assume that the current exchang

Objective of wealth maximization, Q. The main rationale for the objective o...

Q. The main rationale for the objective of wealth maximization is that it shows the most efficient use of the society's economic resources and therefore leads to a maximization of

London stock exchange, London Stock Exchange (LSE) The origin of the Lo...

London Stock Exchange (LSE) The origin of the London Stock Exchange goes back to the coffee houses of 17th century. London, where people willing to invest or raise money, bough

Calculate super normal profit, The economic analysis is done for Schlumberg...

The economic analysis is done for Schlumberger, oilfield service company. They are # 1 in terms of market caps, revenue and employees globally. If any references are used / outside

Financial Planning, report on Financial Planning and Forecasting

report on Financial Planning and Forecasting

Explain should a firm hedge and why or why not, Should a firm hedge? Why o...

Should a firm hedge? Why or why not? Answer: Firms may not need to hedge exchange risk in a perfect capital market. But firms can add to their value by hedging if markets are

Type of hedge funds, What are the Types of Hedge Funds? Please provide me r...

What are the Types of Hedge Funds? Please provide me report on Types of Hedge Funds.

Procurement, What is the explanation for leaset cost selection

What is the explanation for leaset cost selection

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages