Lecture 9
Binomial Distribution
We now develop the binomial probability distribution that is used
extensively in many applied business and economic problems. Our approach
begins by first developing the Bernoulli model, which is a building block for
the Bi
Course Registration Spring 2016
Some important facts:
1. The course registration will start from 12:01 am and will continue till 11:59 pm each day.
2. Every student will have three (3) time slots in a day spanning across three eight hour shifts.
3. Studen
Lecture 5
Measures of Relationship Between Variables
Scatter Plot (or Scatter Diagram)
Business and economic analyses are often concerned about relationships
between variables. Do higher SAT mathematics scores predict higher
collage GPAs? What is the chan
Lecture 3
Measures of Central Tendency
Measures of central tendency provide information about a typical
observation in the data. Such measures are usually computed from sample
data, rather than from population data.
STATISTIC AND PARAMETER
A statistic is
Lecture 6
Probability
Some Basic Concepts
Random Experiment
A random experiment is a process leading to two or more possible outcomes,
with uncertainty as to which outcome will occur.
Examples of random experiments include the following:
1.
2.
3.
4.
A coi
Lecture 7
BIVARIATE PROBABILITIES
In this section we introduce a class of problem that involve two distinct sets
of events, which label A1, A2,.An and B1, B2,Bk. These
problems have broad application in business and economics. They can be
studied by const
Lecture 8
Random Variables
A random variable is a variable that takes on numerical values determined
by the outcome of a random experiment.
It is important to distinguish between a random variable and the possible
values that it can take. Notationally, th
Lecture 10
Continuous Random Variables and Probability Distributions
Probability Density Function:
Let X be a continuous random variable, and let x be any number lying in the range
of values this random variable can take. The probability density function,
Lecture 11
Sampling from a Population
We often use samples instead of the entire population because the
cost and time of measuring every item in the population would be
prohibitive. Also, in some cases measurement requires destruction
of individual items.
Lecture-4
Measures of Variability
The mean alone does not provide a complete or sufficient description of
data. In this section we present descriptive numbers that measures the
variability or spread of the observations from the mean. In particular we
incl
2
Financial Statements, Taxes, and
Cash Flows
1
Key Concepts and Skills
Know the difference between book value
and market value
Know the difference between accounting
income and cash flow
Know the difference between average and
marginal tax rates
Know
3
Working With Financial
Statements
1
Key Concepts and Skills
Understand sources and uses of cash and the Statement
of Cash Flows
Know how to standardize financial statements for
comparison purposes
Know how to compute and interpret important financial
ra
1
Introduction To Corporate Finance
1
Key Concepts and Skills
Know the basic types of financial management
decisions and the role of the financial manager
Know the financial implications of the different
forms of business organization
Know the goal of fin
Answers
Professional Level Options Module, Paper P7 (INT)
Advanced Audit and Assurance (International)
1
(a)
(i)
June 2009 Answers
Briefing notes
To: Audit Juniors
From: Audit manager
Subject: Understanding a clients business and environment
Introduction
Advanced Audit and
Assurance
(International)
Tuesday 2 June 2009
Time allowed
Reading and planning:
Writing:
15 minutes
3 hours
This paper is divided into two sections:
Section A BOTH questions are compulsory and MUST be attempted
Section B TWO questions
Advanced Audit and
Assurance
(International)
Tuesday 3 June 2008
Time allowed
Reading and planning:
Writing:
15 minutes
3 hours
This paper is divided into two sections:
Section A BOTH questions are compulsory and MUST be attempted
Section B TWO questions
Answers
Professional Level Options Module, Paper P7 (INT)
Advanced Audit and Assurance (International)
June 2008 Answers
Tutorial note: These model answers are considerably longer and more detailed than would be expected from any candidate in the
examinat
Advanced Audit and
Assurance
(International)
Tuesday 2 December 2008
Time allowed
Reading and planning:
Writing:
15 minutes
3 hours
This paper is divided into two sections:
Section A BOTH questions are compulsory and MUST be attempted
Section B TWO questi
Lecture-1
Why Study Statistics
Decision Making in an Uncertain Environment
Everyday decisions are made based on incomplete information. For
example, in any business, decisions are made regularly in an environment
where decision makers cannot be certain of
Lecture 12
Sampling Distributions of Sample Means
Sample Mean
Let the random variables X1, X2,.,Xn denote a random sample from a
population. The sample mean value of these random variables is defined as
X
1 n
Xi
n i 1
Consider the sampling distribution
1. Customize the Word Environment
Word 2007 offers a wide range of customizable options that allow you to make Word
work the best for you. To access these customizable options:
Click the Office Button
Click Word Options
Popular
These features allow you to
http:/www.fgcu.edu/support/office2007/ppt/Presentation.asp
New Presentation
You can start a new presentation from a blank slide, a template, existing presentations, or
a Word outline. To create a new presentation from a blank slide:
Click the Microsoft Of
PowerPoint 2007 offers a wide range of customizable options that allow you to make
PowerPoint work the best for you. To access these customizable options:
Click the Office Button
Click PowerPoint Options include picture of OB menu.
Popular
These features
http:/www.fgcu.edu/support/office2007/ppt/GettingStarted.asp
PowerPoint Tutorials:
Getting started with PowerPoint 2007 you will notice that there are many similar features
to previous versions. You will also notice that there are many new features that y
Lesson 2: Entering Excel Formulas and Formatting
Data
Lesson 1 familiarized you with the Excel 2007 window, taught you how to move around
the window, and how to enter data. A major strength of Excel is that you can perform
mathematical calculations and fo
LAB:
LAB 1:
1. Go to BIOS by pressing F10 and look at Systems Info and Advanced BIOS option
for Boot sequence. Understand why and how boot sequence needs to be changed.
2. Create an email address and send an email to the instructor from that address.
3. L
Lesson 3: Creating Excel Functions, Filling Cells, and
Printing
By using functions, you can quickly and easily make many useful calculations, such as
finding an average, the highest number, the lowest number, and a count of the number of
items in a list.
Lesson 1: Entering Text and Numbers
The Microsoft Excel Window
Microsoft Excel is an electronic spreadsheet. You can use it to organize your data into
rows and columns. You can also use it to perform mathematical calculations quickly.
This tutorial teache
XP commands:
Here is a collection of 100 (One Hundred) Commands that can be entered in Start>Run in
Windows XP, with their functions mentioned therein. I like it. If you can remember some
important ones, you can save a lot of time.
Go to StartMenu>RUN, wh
Snap
Size and arrange windows by simply dragging their borders to the edges of your screen.
Instantly expand to full screen and back, or arrange two windows side by side.
Snap is a quick (and fun) new way to resize open windows, simply by dragging them to