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Category Archives: School Learning

What is Lorenz Curve? The variability of a statistical series can be measured through different measures, Lorenz Curve is one of them. It is a… Read More
What is  Standard Deviation? A scientific measure of dispersion that is widely used in statistical analysis of a given set of data is known as… Read More
The firm may insure the life of the partners individually instead of taking a Joint Life Insurance. When the premium of the Individual Life Policy… Read More
What is Statistical Series? Arranging classified data in some logical order such as according to the time of occurrence, size, or some other measurable or… Read More
Data is the collection of measurements and facts and a tool that helps an individual or a group of individuals reach a sound conclusion by… Read More
Capital is the amount contributed by the partners in the firm. Partner’s capital shows equity in a partnership that is owned by specific partners. It… Read More
When a partner retires from the firm, the firm is reconstituted. The firm continues its business with a change in the profit-sharing ratio. The account… Read More
Accumulated profit refers to a part of the firm’s net profit that is preserved by the firm for future growth. It is also known as… Read More
The previous statistical approaches (such as central tendency and dispersion) are limited to analyzing a single variable or statistical analysis. This type of statistical analysis… Read More
A scientific measure of dispersion, which is widely used in statistical analysis of a given set of data is known as Standard Deviation. Another name… Read More
Collection of Data is the first step of the statistical investigation and can be gathered through two different sources, namely, primary sources and secondary sources.… Read More
What is Standard Deviation? A scientific measure of dispersion that is widely used in statistical analysis of a given set of data is known as… Read More
Collection of Data is the first step of the statistical investigation and can be gathered through two different sources, namely, primary sources and secondary sources.… Read More
A statistical measure that helps in finding out the percentage change in the values of different variables, such as the price of different goods, production… Read More
People are more eager to use new technologies and this brings in the need for faster development, so writing each line of code from scratch… Read More

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