When the data is presented in the form of class intervals, the mid-point of each class (also called class mark) is considered for calculating the arithmetic mean. For open end classification, theRead More…

There are various ways in which companies can manipulate their share price. One of these ways is implementing a corporate action called a stock split. The following guide, illustrated by examples, willRead More…

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Individuals or businesses engaging in evasion often hide transactions, create fake records, or use offshore accounts to mislead authorities. While some admire individuals or companies for legally reducing their tax burdens, othersRead More…

This is not the case with median and mode, as the open end intervals are not used in their calculations. The arithmetic mean as the name suggest is the ratio of summationRead More…

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