In order to have a high confidence level in a customer survey, the sample size accurately reflects the entire population.
A discrete collection of entities with identifiable characteristics, such as humans or animals, for the purposes of analysis and data collection is called a population. It consists of a group of similar species that can inhabit a specific geographical location and interbreed.
A group of people, things, events, organizations, etc. Use populations to draw conclusions. Figure 1: Population. An example of a population is the entire student body of a school. Includes all students studying at the school when the data was collected.
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When the average price level rise in the USA relative the to the average price levels in other countries, American products become more expensive for those countries. Hence, there will a fall in imports level. On the other hand, countries with Lowe prices should experience a rise in the price exports because their products are more price-competitive.
Answer:
Explanation:
Present Value Years Interest Rate Future Value
PV n r FV
1. $10,681 10 6% $19,128
2. $35,157 2 11% $43,317
3. $129,107 14 14% $808,382
4. $65,293 19 13% $665,816
Present value of future cash flow will be calculated by using discount formula which is as follow:
PV = FV / ( 1 + r ) ^n
1. PV = $19,128 / ( 1 + 0.06 )^10 = $10,681
2. PV = $43,317 / ( 1 + 0.11 )^2 = $35,157
3. PV = $808,382 / ( 1 + 0.14 ) ^14 = $129,107
4. PV = $665,816 / ( 1 + 0.13 ) ^19 = $65,293
Answer:
Truly, it is imperative for the organization to follow the exacting budget plan despite the fact that they can be encountering incredible benefits. There will a predisposition towards covetousness while making the budget limit for this organization. On the off chance that the organization is encountering the exceptional benefits, a considerable lot of the organizations will attempt consistently and extricate the budget limit; it might cause the huge issue like as the benefits not are effectively re-put resources into to the said organization. The extraordinary benefits exceptionally uncommon happens over the extensive stretch of the time they are for the most part in one to a quarter of a year spells whereas the monetary allowance is generally quarterly at the greater part of the implying that when we are encountering the incredible benefits this is nearly ensured for being fleeting separated from when this is the imposing business model market. To set up the detail budget plan for New Year.
A statistic is a measure that summarizes a particular characteristic of an entire group of numbers.
Statistics is considered the universal language of the sciences which involves information, numbers, visual graphics in order to summarize information and its interpretation.
Statistics is the science of collecting, interpreting, and describing data. A statistic is any quantity computed from values in a sample which is considered for a statistical purpose.
Statistical measures are a descriptive analysis technique which is used to summaries the characteristics of a data set. This data set represent the whole population or a sample of it.
Hence, a statistic measure summarizes a particular characteristic of an entire group of numbers.
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