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An asset depreciates in value when the amount of money for which the asset can be sold decreases over time. A well known recent example is residences in Los Angeles, Las Vegas, south Florida, and most of Great Britain.
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Earn +20 ptsQ: What does it mean to depreciate in value?
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Is it correct to say that the rand can appreciate or depreciate?
Assuming you are referring to the South African unit of currency, YES, the rand can appreciate OR depreciate.
What is the difference between standard deviation and mean?
The mean is the average value and the standard deviation is the variation from the mean value.
What is the point on the scatterplot representing the mean x value and mean y value?
Residual point
Difference between mean and expected value?
For a population the mean and the expected value are just two names for the same thing. For a sample the mean is the same as the average and no expected value exists.
What does value of term mean in math?
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