When we use a normal distribution to approximate a binomial distribution, why do we make a continuity
Question:
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 54% (11 reviews)
The binomial distribution is a di...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Elementary Statistics Picturing The World
ISBN: 9780321911216
6th Edition
Authors: Ron Larson, Betsy Farber
Question Posted:
Students also viewed these Cost Accounting questions
-
Suppose that a phone company reports that the average duration of a cell phone call is 1.4 minutes, with a standard deviation of 1.2 minutes. 1. Would it be reasonable to use a normal distribution to...
-
In order to use a normal distribution to compute confidence intervals for p, what conditions on np and nq need to be satisfied?
-
When we use a least-squares line to predict y values for x values beyond the range of x values found in the data, are we extrapolating or interpolating? Are there any concerns about such predictions?
-
Shortly after Murray began working in the tax department of the public accounting firm of Dewey, Cheatham, and Howe, he was preparing a tax return and discovered an error in last year's work papers....
-
Cost allocation to divisions. Forber Bakery makes baked goods for grocery stores, and has three divisions: Bread, Cake, and Doughnuts. Each division is run and evaluated separately, but the main...
-
The cable is subjected to a uniform loading of w = 250 lb/ft. Determine the maximum and minimum tension in the cable. 50 ft 6 ft
-
2. Assuming a $10m investment in one stock, compute the 95% and 99% VaR for stocks A and B over 1-day, 10-day, and 20-day horizons. assume that the risk-free rate is 0.08 and that there are three...
-
McIntyre Industries manufactures iPhone case covers. Sarabeth Anderson, the CEO, is trying to decide whether to adopt a lean thinking model. She expects that adopting lean production would save...
-
23. Un cambio en la mezcla de ventas de artculos de bajo margen a artculos de alto margen disminuir las ganancias totales aunque las ventas totales aumenten Verdadero FALSO
-
A ride hailing company has their DB structured in 3 major tables as described in the SCHEMA section below. Write a query to fetch the top 100 users who traveled the most distance using the service....
-
Binomial probability distributions depend on the number of trials n of a binomial experiment and the probability of success p on each trial. Under what conditions is it appropriate to use a normal...
-
What is the formula for the standard error of the normal approximation to the p distribution? What is the mean of the p distribution?
-
The Red Department Store uses the retail inventory method. Information relating to the computation of the inventory at December 31, 2007 is as follows: Estimated normal shrinkage is 2% of sales....
-
Section Three Answer the questions below 1.While pulling out of her driveway, Bethany becomes distracted by a bee and strikes Melanie, who is riding past on a bicycle. Bethany suffers serious injury...
-
A __________ is a schedule periodic check of a specific process behavior. Question 1Answer A. Widget B. Dashboard C. Monitor D. Process ID
-
1. Was VAAF contractually obligated to pay Chad for refraining from smoking? 2. Was there consideration to support its promise to pay $500? 3. Are there other facts you need to know to make that...
-
Presented here are the comparative balance sheets of Hames Incorporated at December 31, 2023 and 2022. Sales for the year ended December 31, 2023, totaled $1,700,000.%0D%0A%0D%0AHAMES...
-
McDonald's conducts operations worldwide and is managed in two primary geographic segments: US, and International Operated Markets, which is comprised of Australia, Canada, France, Germany, Italy,...
-
The time taken for a particular operation for Operator X in the process division of a manufacturing concern on three different counts was 24,22 and 27 minutes while that of Operator Y was 20, 23 and...
-
One of the significant and relevant accounts for this cycle is equipment. For this account, what would typically be the most relevant assertions for the auditor to consider? Why is it important for...
-
(Three Differences, Multiple Rates, Future Taxable Income) During 2010, Graham Co.'s first year of operations, the company reports pretax financial income of $250,000. Graham's enacted tax rate is...
-
(Two Differences, One Rate, Beginning Deferred Balance, Compute Pretax Financial Income) Shamess Co. establishes a $90 million liability at the end of 2010 for the estimated litigation settlement for...
-
(Two Differences, No Beginning Deferred Taxes, Multiple Rates) Macinski Inc., in its first year of operations, has the following differences between the book basis and tax basis of its assets and...
-
Provide a graph chart or data with sample numbers indicating Valuing Stocks and Bonds?
-
I just need help with part b. It says that the answer is not complete and some are wrong. So can you kindly fix it for me and give me the full answers as it says the answer is "not complete". Thank...
-
What is Coke's average ownership percentage in its equity method investments? Goodwill is 7000 Calculate the firm's current ratio (current assets/current liabilities). Calculate the current ratio...
Study smarter with the SolutionInn App