Objectives: Learn the uses of Chi-Square test in making inferences for given population(s) BUSSTAT prepared by CSANDIEGO Chi-Square 2‚ used to test hypotheses concerning variances for test concerning frequency distributions to test the independence of two variables The chi-square variable cannot be negative and the distributions are positively skewed. At about 100 d.f.‚ the distribution becomes symmetrical. The area under each chi-square distribution is equal to 1 or 100%
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accessible and comprehensible. This very big data overload could seem astounding. Luckily‚ many well-tested ratios out there make the task a bit less daunting. Comparative ratio analysis helps you identify and quantify of the desert hotel company ’s strengths and weaknesses‚ evaluate its financial position‚ and understand the risks you may be taking. As with any other form of analysis‚ comparative ratio techniques are not definitive. Numerous off the balance sheet and income statement factors can play
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readers To raise questions about identity and our sense of belonging to a place / to people Context: The historical context of the novel concentrates on the student protests of 1989‚ particularly the occupation of Tiananmen Square in Beijing which led to the Tiananmen Square massacre. Content and its significance: Leah is the main character in the novel. Her mother was born in China and her father (who is now dead) was English‚ but she sees herself as Australian. In the novel‚ Leah and her
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2.3. The Chi-Square Distribution One of the most important special cases of the gamma distribution is the chi-square distribution because the sum of the squares of independent normal random variables with mean zero and standard deviation one has a chi-square distribution. This section collects some basic properties of chi-square random variables‚ all of which are well known; see Hogg and Tanis [6]. A random variable X has a chi-square distribution with n degrees of freedom if it is a gamma
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FINANCIAL RATIOS LIQUIDITY RATIOS Current Ratio: = current assets / current liabilities ▪ The higher the ratio‚ the greater the "cushion" between current obligations and a firm ’s ability to meet them. ▪ Use: An indication of a company ’s ability to meet short-term debt obligations; the higher the ratio‚ the more liquid the company is. Current ratio is equal to current assets divided by current liabilities. If the current assets of a company are more than twice the current liabilities
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Accounting ratios are relationships expressed in mathematical terms between the figures which are connected with each other in some manner. Obviously‚ no purpose is served by comparing two sets of figures which are not at all connected with each other. Moreover‚ absolute figures are also unfit for comparison. The following are the different classification of ratios: 1. Traditional classification: The traditional classification has been on the basis of the financial statement to which the determinants
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Merck‚ being on one of the biggest pharmaceutical companies in the world today‚ came from a meek beginning and still encounters many problems today while trying to maintain a lead amongst its competition. While being looked at as a research and development driven company‚ Merck now has to go beyond R&D to stay competitive in the pharmaceutical industry. Attracting talent to work for the company has never been a problem for Merck‚ but the bigger question was whether or not this talent would be able
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Ratio Analysis: Liquidity(Times): | 2008 | 2007 | 2006 | Current Ratio | 4.11 | 3.65 | 2.95 | Quick Ratio | 3.92 | 3.44 | 2.73 | NWC to Asset Ratio | 0.17 | 0.15 | 0.13 | Cash Ratio | 3.23 | 2.70 | 2.03 | NWC to Sales Ratio | 1.71 | 1.43 | 1.04 | NWC($) | 9215702577.00 | 7220848206.00 | 5205523576.00 | Average Daily Cash Expenses | 7537175.82 | 7160555.21 | 6768509.99 | Interval Measure(in days) | 1270.94 | 1029.86 | 798.11 | Interpretation: * According to current ratio
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Incoterms 2010 – ICC rules for the use of domestic and international trade terms The Incoterms rules are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) widely used in international commercial transactions. The Incoterms rules are intended primarily to clearly communicate the tasks‚ costs and risks associated with the transportation and delivery of goods. The Incoterms rules are accepted by governments‚ legal authorities and practitioners worldwide
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indicator of the cost of using those buildings and equipment? Compare that situation to a company with new buildings and equipment where there will be large amounts of depreciation expense. The remainder of our explanation of financial ratios and financial statement analysis will use information from the following income statement: Example Corporation Income Statement For the year ended December 31‚ 2011 | | Sales (all on credit) | $500‚000 | Cost of Goods Sold | 380‚000 | | Gross
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