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1. Suppose that a population has mean, µ, and standard deviation, σ. What does the central limit theorem tell us about the distribution of the sample mean?
Cash flow analysis In financial sales, an income report, also known as report of money runs or funds circulation report is a financial report that shows how changes in stability
What is prime cost? Primary price is the combination of a manufactured item's expenditures of immediate materials and immediate labor. In other words, prime price represent
usefulness of study of regression
1. Suppose you are given a dataset that consists of a random sample of tasters, on which the following variables were obtained: (y) Zpref = taste preference for green beans stor
Budgetary control The manage or management of a governmental component in agreement with an approved budget for the purpose of keeping expenditures within the limits of available
Variance analysis In spending budget (or control sales in general), a change is the change between an allocated, thought out or conventional quantity and the actual quantity incur
what are the types of sampling errors and their causes?
Marginal costing and Break-even analysis According to C.I.M.A. Manchester, "Marginal Price means the quantity at any given variety of result by which get worse scenario costs ar
Mode Mode, M is the value that has the largest number of occurrence or frequency in a data set, for instance, given the following data: 11 15 16 12 15 19 17 15 we can se
Mention the characteristics of Statistics. Explain any two applications of Statistics
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