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What does per thousand population mean?
It means how many times a specific item appears in a population in terms of number of occerrances per thousand people.
What letter represents one thousand?
M in roman numerals. However in current terms K could mean one thousand but it is actually 1,024.
What does 400K mean in terms of money?
In terms of money, "400K" refers to 400,000 units of currency, typically dollars, though it could apply to other currencies as well. The "K" stands for "kilo," which is derived from the metric system, indicating a factor of one thousand. Therefore, 400K would mean four hundred thousand dollars.
What does arm's length mean?
In accounting, these are transactions which are accepted by both parties (e.g. buyer and seller) without the need of another agreement or condition.
What does it mean to have a fraction in lowest terms?
When a fraction is in lowest terms, it cannot be reduced any lower because there are no factors common to both the numerator and denominator.
