Research, statistics, Basic Statistics

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tools and techniques used in quantitative research

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Example on cluster sampling, "A company of accountants has branches in fiv...

"A company of accountants has branches in five regions, Port Louis (PL), Curepipe (CPE), Beau Bassin (BB), Rose Hill (RH) and Quatre Bornes (QB). It employs the following number

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An audit of the accounting records of Loch Ness Ltd. for the year ending 30 June 2012 discovered that the ending inventory balance was over-valued by $35,000. Upon further investig

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The Steven Wholesale Co. uses the periodic inventory system. The following transactions occurred during the month of May, the last month of the fiscal year that runs from June 1 t

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Annuity A sequence of equivalent money payments made or obtained at equivalent durations over a specific time period.

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Batch costing and method of costing whereby identical units produced are treated as a single unit & the cost incurred is shown to the whole of that batch instead of each individual

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