Economics, Accounting & Business: Post your doubts here!

[SalmanPakRocks]

Can u please tell me a good simple definition for probability sampling?

A probability sampling is one in which every unit in the population has a chance (greater than zero) of being selected in the sample, and this probability can be accurately determined. The combination of these traits makes it possible to produce unbiased estimates of population totals, by weighting sampled units according to their probability of selection.

Wikipedia

 

[zainabkhann]

A probability sampling is one in which every unit in the population has a chance (greater than zero) of being selected in the sample, and this probability can be accurately determined. The combination of these traits makes it possible to produce unbiased estimates of population totals, by weighting sampled units according to their probability of selection.

Wikipedia

Is this okay for me to write? Probability sampling is done by choosing random individuals to be a part of the market research?

 

[SalmanPakRocks]

Is this okay for me to write? Probability sampling is done by choosing random individuals to be a part of the market research?

In probablity sampling, in the sample space, there's an equal chance of any one getting into the sample.

 

[zainabkhann]

In probablity sampling, in the sample space, there's an equal chance of any one getting into the sample.

Oh and the simple random sampling is the same thing? Whats the difference between the two?

 

[Apex-Kill]

http://papers.xtremepapers.com/CIE/...d AS Level/Economics (9708)/9708_s06_qp_1.pdf
how do we get the answers for q21(ans is c) and q15(ans is d)-what are marginal social benefits and costs?
Q17(ans is c), q19(ans is a), q22(ans is d but isnt D a financial a/c thing?) And in q20 how doesrise in intrest rate decrease supply?

 

[WayneRooney10]

Hey!
I REALLY REALLY need some notes for Standard Costing! Or can someone post all the formulas required and their explanations and stuff?!
Will be grateful for the help!

ANYONE?

 

[zainabkhann]

Im confused here guys, do i need to really know the usefulness of the different types of averages? Mean, mode and median? Seems like a waste of time memorizing all the uses and drawbacks etc

 

[lovely666]

CAN any one give me notes regarding the "part exchange" ( IN DEPRECIATION CHAPTER) in accounting (AS)!! please need it urgently!!

 

[student92]

ANYONE?

Variance Formulae
standard costing is all about setting standards and comparing them with actual results
there are three budgets
1 master budget (mb) this is the original budget, based on set standards for the budgeted number of production units and costs
2 flexed budget (fb) this is based on the same standards used in the master budget, but flexed for the actual number of units produced
3 actual budget (ab) this is the actual budget made for the the actual number of units and at actual costs

hope this helps

 

[WayneRooney10]

Variance Formulae
standard costing is all about setting standards and comparing them with actual results
there are three budgets
1 master budget (mb) this is the original budget, based on set standards for the budgeted number of production units and costs
2 flexed budget (fb) this is based on the same standards used in the master budget, but flexed for the actual number of units produced
3 actual budget (ab) this is the actual budget made for the the actual number of units and at actual costs

hope this helps

Thanks a lot mate!

 

[SalmanPakRocks]

CAN any one give me notes regarding the "part exchange" ( IN DEPRECIATION CHAPTER) in accounting (AS)!! please need it urgently!!

What is so confusing about that?
Instead of recieving cash for your sale of your non-current asset, you recieve another.

 

[zainabkhann]

can someone please send me the command word list for As business studies, that i need to base my answers on during the exam, I want to start practising some questions (even though im quite late now) Thanks!

 

[cool Asviva]

Please someone explain me the terms of trade. Or provide the notes.

 

[zainabkhann]

Is it okay for me to memorize only 4 out of 7 sampling methods for the As exam? Let me know guys, im not that bothered with studying all if its really necessary considering a question wouldnt ask about all 7 methods.

 

[Esme]

SalmanPakRocks did you ask your tutor those two questions ?

 

[student92]

can someone please send me the command word list for As business studies, that i need to base my answers on during the exam, I want to start practising some questions (even though im quite late now) Thanks!

https://www.xtremepapers.com/community/threads/for-all-eco-and-bus-st-students.15030/

 

[Apex-Kill]

Please someone explain me the terms of trade. Or provide the notes.

This guy has several other videos about economics that would help u a lot..

 

[xmariam3x]

ANYONE ELSE HERE FOR ECONOMICS AS LEVEL PREP?

 

[xmariam3x]

i've just started solving paper 1 of basic economics,

the answer is supposed to be C.
i feel so embarrassed, its supposed to be an easy chapter and a common question but i just dont get it, why isn't the answer B?? i thought it was B? can someone explain.

also:

why is B the answer??

 

[zainabkhann]

https://www.xtremepapers.com/community/threads/for-all-eco-and-bus-st-students.15030/

Thankyou for the link!