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What difference between a favorable variance and an unfavorable variance?
Favourable variance is that variance which is good for business while unfavourable variance is bad for business
What factors causes Budget Variance?
There are 7 variances associated with a budget ( which are generally calculated for controlling purposes) 1- Material Price variance 2- Material Quantity variance 3- Labor rate variance 4- Labor efficiency variance 5- Spending variance 6- Efficiency variance 7- Capacity variance
What is Assumptions for Variance Homogeneous?
Equal in Variance
What is a difference between a pooled variance and a combined variance?
Pooled variance is a method for estimating variance given several different samples taken in different circumstances where the mean may vary between samples but the true variance (equivalently, precision) is assumed to remain the same. A combined variance is a method for estimating variance from several samples, given the size, mean and standard deviation of each. Mathematically, a combined variance is equal to the calculated variance of the set of the data from all samples. See links.
What is the sample variance of 5781010 and 14?
The variance is: 1.6709957376e+13
What is Concomitant?
Concomitant is an adjective meaning "naturally associated with."
Which of these is a word meaning accompanying concompant concomitant concompliant?
Concomitant
How can you use the word 'concomitant' in a sentence?
Earthquakes are often concomitant with tsunami.
What is the OED definition of concomitant?
The Oxford English Dictionary has two definitions of the word concomitant. As an adjective, concomitant means going together or accompanying. As a noun, it is defined as an accompaniment or a companion.
What does concomitantly mean?
What is concomitant
What is concomitant illness?
A concomitant illness is one that is occurring while another illness is occurring. For instance, if a person is struggling to control diabetes and then develops an ear infection, the ear infection is said to be a concomitant illness.
A sentence with concomitant with context clues?
Undergoing chemotherapy can result in various side effects, including concomitant hair loss.
What difference between a favorable variance and an unfavorable variance?
Favourable variance is that variance which is good for business while unfavourable variance is bad for business
What is the difference between negative price variance and volume variance?
Negative price variance is when the cost is less than budgeted. Volume variance is a variance in the volume produce.
What are the variances in a 4 variance analysis?
efficiency variance, spending variance, production volume variance, variable and fixed components
What factors causes Budget Variance?
There are 7 variances associated with a budget ( which are generally calculated for controlling purposes) 1- Material Price variance 2- Material Quantity variance 3- Labor rate variance 4- Labor efficiency variance 5- Spending variance 6- Efficiency variance 7- Capacity variance
Which is not a measure of dispersion range or variance?
Variance
