meaning A budget (from old French bougette‚ purse) is a financial plan and a list of all planned expenses and revenues. It is a plan for saving‚ borrowing and spending.[1] A budget is an important concept in microeconomics‚ which uses a budget line to illustrate the trade-offs between two or more goods. In other terms‚ a budget is an organizational plan stated in monetary terms. In summary‚ the purpose of budgeting is to: 1. Provide a forecast of revenues and expenditures‚ that is‚ construct
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Budget: Financial budget for the total projected cost of ACME Home Improvements de Mexico‚ SA de CV is set at $35‚193‚654 for the 12 month period. The purchased of the land has already been factored in with the cost. 100‚000 sq. ft. Indoor store‚ a 10‚000 sq. Ft. garden outdoor space and two-story parking garage. The cost of construction and inventory figures are based on researched cost of similar stores in Mexico City and inventory goods of stores such as Home Depot and Lowes in the United States
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Fly (27) is lesser than TT Air (28). Even though AA Fly’s sample is 1 day shorter than TT Air‚ it does not significantly affect the output as the one day does not change much (unless there had been a market shock). However based on Central Limit Theorem‚ if the sample size is greater than or equal to 30 samples‚ the sample statistics reflect the time population parameters. • The Median data does not show much in this case as the range (4.7 AA Fly and 6.8 TT Air) is small for both AA Fly and TT
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“ Statistics should be interpreted with caution as they can be misleading; they can both lie and tell the truth” Statistics are being used everyday to describe things in working and studying areas to show the productivity of the results they are hoping for. Therefore‚ people observe and notice alternative objects the world around. Throughout this fact‚ similarities and differences are such features that could endanger or turned out as advantages. This is called statistics. Explanations
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DATE : November 9‚ 2012 ATTENTION : MS. AURORA O. ALGODON President/CEO MAHARLIKA TRIBE MONARCH FOUNDATION‚ INC. Carmen‚ Davao City RE : Interim Memorandum of Agreement of Proposed Budget for Radio‚ Newspaper and TV FROM : MR. JOSEPH T. LAGUA Founding Chairman People’s Network and Media Communications ------------------------------------------------- (PNMC) I. COMPANY: Our entity‚ People’s Network and Media Communications (PNMC) is a media organization that
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The History of statistics can be said to start around 1749 although‚ over time‚ there have been changes to the interpretation of the word statistics. In early times‚ the meaning was restricted to information about states. This was later extended to include all collections of information of all types‚ and later still it was extended to include the analysis and interpretation of such data. In modern terms‚ "statistics" means both sets of collected information‚ as in national accounts and temperature
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essential to the growth and prosperity of any business. The ability to appraise/value investment projects via capital budgeting creates a framework for businesses to plan out future long-term direction. Seek out new investment projects – knowing how to evaluate investment projects gives a business the model to seek and evaluate new projects‚ an important function for all businesses as they seek to compete and profit in their industry.
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The Union Budget was released yesterday. Here are the highlights. * Tax slab on personal income remains unchanged * Income tax exemption limit raised by Rs 50‚000 to Rs 2.5 lakh and for senior citizens to Rs 3 lakh * Exemption limit for investment in financial instruments under 80C raised to Rs 1.5 lakh from Rs 1 lakh. * Investment limit in PPF raised to Rs 1.5 lakh from Rs 1 lakh * Deduction limit on interest on loan for self-occupied house raised to Rs 2 lakh from Rs 1.5 lakh. * Kisan Vikas Patra
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Organization of Terms Experimental Design Descriptive Inferential Population Parameter Sample Random Bias Statistic Types of Variables Graphs Measurement scales Nominal Ordinal Interval Ratio Qualitative Quantitative Independent Dependent Bar Graph Histogram Box plot Scatterplot Measures of Center Spread Shape Mean Median Mode Range Variance Standard deviation Skewness Kurtosis Tests of Association Inference Correlation Regression Slope y-intercept
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Chapter 2: Descriptive Statistics CHAPTER 2: Descriptive Statistics 2.3 [LO 1] 28 2007 #1 28 71‚273.93 58‚069‚987.70 7‚620.37 59490 87970 28480 Distribution is skewed right. Descriptive statistics count mean sample variance sample standard deviation minimum maximum range Stem and Leaf plot for stem unit = leaf unit = Frequency 2 9 13 4 28 #1 10000 1000 Stem 5 6 7 8 Leaf 99 123446677 0000112444447 1377 Distribution is more normally shaped in 2007. 2.5 [LO 2] a. We have 2
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