Requisites of a good average, Financial Management

An average should be: (a) vigorously defined, (b) easy to compute, (c) capable of simple interpretation, (d) dependent on all the observed values, (e) not unduly influenced by one or two extremely large or small values, (f) fluctuate relatively less from one random sample to another, and (g) capable of mathematical manipulation. 

Posted Date: 9/14/2012 12:57:10 AM | Location : United States







Related Discussions:- Requisites of a good average, Assignment Help, Ask Question on Requisites of a good average, Get Answer, Expert's Help, Requisites of a good average Discussions

Write discussion on Requisites of a good average
Your posts are moderated
Related Questions
Suppose the bid-ask spot prices for one British pound are $1.50 and $1.60 respectively. 1. Compute the bid-ask prices for one US dollar in terms of British pound. 2. Suppose

Q. Determinants of Working Capital? Determinants of Working Capital: - The working capital necessity is determined by a large number of factors but generally the following fa

Explain the Competitive Benchmarking Healthcare services or Hospital are compared to rival 'competition 'in the same industry for instance methods of patient care and levels o

Determination of Credit Terms:- The second feature of receivable management, subsequent to setting the credit standards and assessment of credit worthiness of the customers, i

Q. Explain about Money Market Mutual Funds? Money Market Mutual Funds: Money market mutual funds (MMMFs) focus on short-term marketable securities such as TBs, CPs, CDs or call

The capability of an asset to be converted into cash as quickly as possible without any discount to its value.

Ken started college at the age of 18 with $63,450 already saved, because 18 years ago his saving account 7.25 per year.

Accounting Framework - Convention of Materiality Materiality means relative significance. In other words whether a matter should be disclosed or not in the financial statement

Q. Describe about Comfort Letter? Comfort Letter - Letter provided by a company's independent public accountant to an underwriter when underwriter has a DUE DILIGENCE responsib

You are considering the purchase of some shares of PECO Inc. common stock which paid a dividend of $1.50 today. You expect the dividend to grow at the rate of 7% per year for the n