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discuss the considerations to be borne in mind when constructing index numbers
how to draw it?
The poll interviewed 1500 persons rather than 1060, for 95% confidence.
Cluster Sampling and Area Sampling: Cluster sampling involves grouping the population and then selecting the group or the cluster rather than individual elements for inclusion in t
what is measures of variability?
Suppose that an individual has unearned income of $V and can choose how many hours she works per week at a wage of $w per hour. Assume that she has a total of 110 hours of time to
Ask questionmethods of business forecasting #Minimum 100 words accepted#
Cash equivalent Short-term: highly liquid investments that are together [1) readily convertible to known amounts of cash & [2) so close to their maturity that they there insignifi
What is a basis point? A base factor is a hundredth (1/100) of an amount factor. Indicated another way, one amount factor is equal to 100 base factors. This means that if an amo
A coin that is balanced should come up heads half the time in the long run. A coin is tossed 4040 times and gives 2085 heads. Is the coin biased? Use Alpha = .05. (State the Hypoth
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