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List down various measures of central tendency and explain the difference between them?
Least squares method of fitting a line ( the line of best fit or the regression line) through the scatter diagram is a method which minimizes the sum of squared vertical deviations
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
Cash discount A payment received, given if payment is completed within a stated age of occasion, Refer to TRADE DISCOUNT,
Quartiles and Percentiles Percentile can be explained as : a measure this tells us what is the percent of the total frequency scored at or below the measure. Quartiles
1. Calculate Karl Pearson’s coefficient of correlation between expenditure on advertising (X) and sales (Y) from the data given below: The management decided to stop further expens
ion #Minimum 100 words accepted#
Automated clearing house (ach) A across the country settlement and selection program that provides for automated submission and arrangement of resources. Although the phrase Elec
what is the relationship between the variance and the standard deviation?
IASC: The IASC (International Accounting Standards Committee is an international organization which was set up in 1973 was restructured to form IASB in 2001. It was an agreement b
Accounting Standards Aims and Objectives: The aim of this report is to understand the various changes that have taken place in the accounting standards in various countries since
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