Discuss the difference between a ratio variable and an interval variable. Discuss.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 73% (15 reviews)
A ratio variable is a quantitative variable measured on a scale s...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Business Statistics In Practice
ISBN: 9780073401836
6th Edition
Authors: Bruce Bowerman, Richard O'Connell
Question Posted:
Students also viewed these Statistics questions
-
Discuss the difference between r and .
-
(1) Discuss the difference between cross- sectional data and time series data. (2) If we record the total number of cars sold in 2012 by each of 10 car salespeople, are the data cross- sectional or...
-
Discuss the difference between statistical significance and practical significance.
-
What functions are normally associated with the production cycle?
-
The Focus Fund is a mutual fund that holds long-term positions in a small number of nondividend-paying stocks. Its holdings at the end of two recent years are as follows: At the end of both years,...
-
For a monopolist making negative economic profits, what must be true about the relationship between price and average total cost?
-
a. Run a regression of LNPAID on AGE. Is AGE a statistically significant variable? To respond to this question, use a formal test of hypothesis. State your null and alternative hypotheses,...
-
Listed below are repair costs (in dollars) for cars crashed at 6 mi/h in full-front crash tests and the same cars crashed at 6 mi/h in full-rear crash tests. The cars are the Toyota Canary, Mazda 6,...
-
What would happen if we breach the conditions of the social licence to operate in Australia. Does this mean to compliance risk? What could be happened when there is a revocation of the organisation's...
-
A soil profile is shown in Figure 1 along with the standard penetration numbers in the clay layer. Use Eqs. (1) and (2) to determine the variation of cu and OCR with depth. What is the average value...
-
A bank manager has developed a new system to reduce the time customers spend waiting to be served by tellers during peak business hours. Typical waiting times during peak business hours under the...
-
Discuss the difference between an ordinal variable and a nominative variable.
-
Designs involving several Latin squares. [See Cochran and Cox (1957), John (1971).] The p p Latin square contains only p observations for each treatment. To obtain more replications the experimenter...
-
23. Given the following HTML mark-up and CSS rules, what is the text colour of the word Rainy? HTML mark-up: Today is a Rainy Day CSS rules: body {color: black; } section, p { color: green; } p...
-
Discuss how positive psychology can be used for the greater good. Some assert that positive psychology represents the narcissistic tendencies of our culture. Explain how positive psychology can be...
-
Hussain, a local Burger King franchise owner needed to obtain a loan with Royal Bank to modernize his restaurant. As a condition of providing the loan, Hussain was required to purchase and make a...
-
How does Max Weber's theory of rationalization elucidate the processes of bureaucratization and the disenchantment of the modern world, particularly within the realms of economy and administration ?
-
What is the output from the following code? void mystery (int size, int values []) { int sum = 0; for (int idx = 0; idx < size; idx++) { sum += values[idx]; } values [0] = sum; } int x[] = {1, 3, 5,...
-
The American Journal of Agriculture Economics (January 2020) published a study that investigated the degree to which US households waste food. The researchers used data from 3,304 households that...
-
What kind of rays are X-rays?
-
Consider the five homes in Table 1.1. What do you think you would have to pay for a Diamond model on a lake lot? For a Ruby model on a lake lot? A Data Set Describing Five Home Sales OS HomeSales...
-
(1) Define a population. (2) Give an example of a population that you might study when you start your career after graduating from college. (3) Explain the difference between a census and a sample.
-
Explain each of the following terms: a. Descriptive statistics. b. Statistical inference. c. Random sample. d. Process. e. Statistical model.
-
F. Pierce Products Inc. is financing a new manufacturing facility with the issue in March of $20,000,000 of 20-year bonds with semiannual interest payments. It is now October, and if Pierce were to...
-
Watch the video, Critical Theory, Social Justice and Christianity: Are they Compatible? https://www.youtube.com/watch?v=qnmJX5hEenY&t=2894s&ab_channel=NOBTSApologetics Review the articleThe...
-
Describe an example of a data privacy law or any obstacle to international legislation that pertains to data privacy.
Study smarter with the SolutionInn App