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Question 1 Define the term Statistics. Describe its functions and limitations with examples
Question 2
1. Explain the various measures of Dispersion
2. The following data relate to the prices and quantities of 4 commodities in the year 2004 and 2005. Construct the following index numbers of price for the year 2005 by using 2004 as the base year
Commodities
2004
2005
Price
Quantity
A
5
100
6
150
B
4
80
C
2.5
60
72
D
12.0
30
9
33
VK Ltd a multi product company, furnishes you the following data relating to the year 2000. First half sales Second half sales Sales Rs.45000 Rs.50000 Total cost Rs.40000 Rs.43000
a) Implement conditional formatting to show that if the total spent before VAT is £1000 or more, the cell will be highlighted in red to show that discount has been earned. b) In
WHAT THE DIFFERENT BETWEEN BUSINESS MANAGEMENT AND BUSINESS ADMINISTRATION?
QUESTION Outline five (5) different principal risks that banks normally face in their day to day business and explain the different Risk Management techniques used by them to m
Assess the impact of fiscal and monetary policy on business organisations and their Activities?
concepts of segmentation
Enacting change is difficult. The forces that create the need for change often bump up against equally powerful forces of resistance. Think of an organization with which you are fa
what is utilitarianism and what are its benefit in business
You just got an important request from the organization's President to conduct an audit of the company's current appraisal system. By far the most problematic and volatile issue a
A data switch company specialises in the production of switches that can be used to link several personal computers to a shared printer. The company manufactures a low-cost manuall
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