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This type of sampling is also known as chance sampling or probability where each and every item in the population has an equal change of inclusion in the sample and one of the possible samples in case of finite universe has the same probability of beings selected. In case of infinite population the selection of each item in a random sample is controlled by the same probability and that successive selection are independent of one another.
Explain the Financial Accounting. Under the Financial Accounting System the producing of economic purchase are done in the Cash and Publication, in other Bookkeeping as Sales, P
A machine that cuts corks for wine bottles operates in such a way that the distribution of the diameter of the corks produced is well approximated by a normal distribution with mea
The ABC Company''s old equipment for making subassemblies is worn out. The company is considering two alternatives: a) Completely replacing the old equipment with new equipment b)
accounts receivable is an asset
Q. Explain Correlation Coefficient? Ans. The strength of a linear correlation is determined by how precisely the y variable shifts as the x variable increases. The two pi
how can write co variance using summation notation
The average cost per night of a hotel room in New York City is $273 (SmartMoney, March 2009). Assume this estimate is based on a sample of 45 hotels and that the sample standard
Use of Assets A potential upcoming financial advantage acquired or managed by a particular business due to past purchases or activities. These financial options can be concrete or
In the 2009 Season, the Toronto Blue Jays finished the season with a record of 75-87. In 47 of those games, both the offense and defense performed adequately, and in 42 of them, ne
What is an irrevocable letter of credit? A permanent mail of credit score is a financial instrument used by banks to guarantee a customer's obligations to a supplier. It is perm
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