A mean date is calculated *
1 point
(a) In connection with the settlement of contra accounts
(b) For a lumpsum payment
(c) For several payments on different dates
Answers
Answer:
In the present scenario in business enterprises, there are numbers of receipts and payments involved related to a single party. These may occur at different points of time. To simplify the calculation of interest involved in such transactions, we use the concept of the average due date. In this concept, a person pays all his dues on a particular date, in a manner so that neither the debtor nor the creditor suffers loss or gain by way of interest. This date is the Average due date (ADD).
Answer:
The correct answer is (a) In connection with the settlement of contra accounts
Explanation:
There are several kinds of imply in arithmetic, specifically in facts. every suggest serves to summarize a given institution of records, regularly to higher understand the general price (significance and signal) of a given facts set.
For a records set, the mathematics imply, also known as "arithmetic average", is a measure of vital tendency of a finite set of numbers: mainly, the sum of the values divided by means of the number of values. The mathematics mean of a set of numbers x1, x2, ..., xn is typically denoted the usage of an overhead bar. If the statistics set have been based totally on a sequence of observations received by using sampling from a statistical population, the arithmetic suggest is the sample imply to differentiate it from the suggest, or expected value, of the underlying distribution .In descriptive records, the imply can be careworn with the median, mode or mid-range, as any of those may be called an "average" (more formally, a degree of central tendency). The mean of a fixed of observations is the mathematics average of the values; but, for skewed distributions, the mean is not always similar to the middle value (median), or the maximum possibly price (mode). as an example, suggest income is commonly skewed upwards by a small variety of humans with very big earning, in order that the majority have an earnings decrease than the suggest. by way of contrast, the median profits is the level at which half of the population is under and half of is above.
The mode profits is the most probably income and favors the bigger quantity of people with lower incomes. at the same time as the median and mode are regularly more intuitive measures for such skewed facts, many skewed distributions are in reality satisfactory defined with the aid of their imply, such as the exponential and Poisson distributions.
A mean date is calculated *
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What is mean ...median and mode.
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