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A histogram is a show of statistical info that uses rectangles to show the occurrence of data items in sequential numerical intervals of equal size. In the most corporate form of histogram, the independent variable is plotted along the parallel axis and the dependent variable is plotted along the vert... read more

July 27, 2017

What is 'Regression?' Regression is a statistical quantity used in economics, investing and other alterations that tries to define the strength of the association between one dependent variable (usually represented by Y) and a sequence of other altering variables (recognized as independent variables). Regress... read more

July 27, 2017

Business statistics is the art of good decision making in the face of ambiguity and is used in many disciplines such as auditing, econometrics, financial analysis,  production and operations including services improvement and research and vice versa. This creates the topic of time series particularly important f... read more

July 22, 2017

Descriptive statistics are statistics that quantitatively define or précis structures of a collection of information Descriptive statistics are renowned from inferential statistics or inductive statistics, in that descriptive statistics goal to précis a sample, before use the data t... read more

July 22, 2017

Statistical Mean:-   The statistical mean denotes to the mean or average that is used to originate the central tendency of the data in question. It is adding all the data in a population and then dividing the total by the number of points. The resting number is known as the mean or the average. What is... read more

July 22, 2017

Data collection is the procedure of collecting and assessing information on variables of interest, in an established systematic fashion that enables one to answer stated research queries, test theories, and assess consequences. The data collection constituent of research is common to all fields of study, mortalities... read more

July 22, 2017

Correlation relating the linear relationship between two variables; in regression, we can forecast the relationship between more than two variables and can use it to classify which variables x can forecast the consequence variable y. Correlation is a statistical quantity that designates the e... read more

July 22, 2017

Organizational Behaviour delivers direction to Organization. Organizational Behaviour aids to understand and forecast organizational life. It also aids to understand nature and activities of people in business organization. It aids to encourage employees and to maintain interrelations in organization. The importance ... read more

July 22, 2017

Law of supply depends upon prices because the quantity of goods supplied rises as market price rises, as the prices falls the quantity of goods supplied falls. There is direct relationship between quantity supply and prices. On the other hand, law of demand says that quantity of goods demand rises as price falls and the ... read more

July 17, 2017

The research designs are of the following types: Exploratory research Exploratory research is a type of research conducted for a problem that has not been clearly defined. Exploratory research often relies on secondary research such as reviewing available literature and sometimes on qualitative approaches such as inf... read more

June 09, 2017

Research is a thorough, orderly, organized, efficient and logical investigation of an area of knowledge or of a problem. In broader sense, the definition of research includes any gathering of data, information and facts for the development of knowledge. Main components of a research are: 1. Curiosity: Science is ... read more

June 08, 2017

The term offer is also called proposal.  It is defined “when one person signifies to another his willingness to do or to abstain from doing anything, with a view to obtaining the assent of that other to such act or abstinence, he is said to make a proposal.” Acceptance is defined as when the person to whom t... read more

June 04, 2017

Generally contract means a promise or agreement made by two or more persons enforceable by law. “An agreement enforceable by law is a contract.”  Hence, agreement and legal enforceability creates an agreement as contract.  “All Agreements are contracts if they are made by the free consent of parties, com... read more

June 04, 2017

Define Contract. “An agreement enforceable by Law is a Contract.” What is implied contract? An agreement which is not made by written or spoken words of parties but it is evidenced from the acts or conduct of the parties or according to prevailing conditions. What is quasi contract?The contract which is not crea... read more

June 04, 2017

The scope of statistics is much extensive.  It can be divided into two parts 1. Statistical Methods:Such as Collection, Classification, Tabulation, Presentation, Analysis, Interpretation and Forecasting. 2. Applied Statistics: It is further divided into three parts: 2.1 Descriptive Applied Statistics: Purpose of this ... read more

May 27, 2017

Statistics means numerical presentation of facts.  Its meaning is divided into two forms - in plural form and in singular form.  In plural form, Statistics means a collection of numerical facts or data example price statistics, agricultural statistics, production statistics, etc.  In singular form, the wor... read more

May 27, 2017

Objectives of Capital Budgeting   Following are the objectives of capital budgeting;1. Shareholder’s wealth maximization: In tune with objectives of financial management, its aim is selecting those projects that maximize shareholder’s wealth. The decision should avoid over/under investment in fixed asse... read more

May 27, 2017

Introduction: A firm incurs two types of expenses i.e.  1. Revenue Expenditure:The benefits of which are supposed to be exhausted within the year concerned and their planning and control is done through various functional departments.2. Capital Expenditure:The benefits of which are expected to be received over long ... read more

May 26, 2017

Classification of the cost of capital are as under: Cost of debt: The cost of debt is computed by taking the rate on a risk free bond whose duration matches the term structure of the corporate debt, then adding a default premium. This default premium will increase as the amount of debt increases (since, all other thi... read more

May 24, 2017

Introduction:In finance, capital structure states the way a corporation finances its assets through some combination of equity, debt, or hybrid securities. A firm's capital structure is formerly the composition or 'structure' of its liabilities. E.g. a firm that sells Rs.20 billion in equity and Rs.80 billion in debt is... read more

May 24, 2017