by kasi | Jun 15, 2010 | Descriptive statistics
Quartile deviation or semi-interquartile range is the dispersion which shows the degree of spread around the middle of a set of data. Since the difference between third and first quartiles is called interquartile range therefore half of interquartile range is called... by kasi | Jun 15, 2010 | Descriptive statistics
Quartile deviation or semi-interquartile range is the dispersion which shows the degree of spread around the middle of a set of data. Since the difference between third and first quartiles is called interquartile range therefore half of interquartile range is called... by kasi | Jun 15, 2010 | Accounting
First in first out is the method of inventory valuation. As the name implies under FIFO method the first unit of raw material received in the stock is to be issued first to manufacturing department. In other words it assumes that the material is issued from the oldest... by kasi | Jun 15, 2010 | Descriptive statistics
Range is defined as the difference between the maximum and minimum values of the data. Although Range is the simplest measure of dispersion and is easy to calculate but it is not a good measure of dispersion because it ignores variation among all other values and... by kasi | Jun 6, 2010 | Finance
Management and shareholders are mainly concerned for the long term returns over investment. In a stable economy where some degree of certainty prevails companies prefer to invest in long term projects which require heavy investments initially and return is expected...