July 30, 2021

Statistical analysis

(i) Why is the mode not used extensively in statistical analysis? (3 marks) (ii) “The standard deviation is the natural partner to the mean.” Explain. (3 […]
July 30, 2021

Median on a grouped frequency distribution graphically

Describe briefly how to estimate the median on a grouped frequency distribution graphically.
July 30, 2021

Weighted mean and its use

In what situation would a weighted mean be used? Explain
July 30, 2021

Taxable income and tax payable

Mr. Ole Mboga is married to Pesa Mboga. Ole Mboga is a registered engineer and he is the proprietor of Leta Engineering Services a firm of […]
July 30, 2021

letter of representation

Towards the end of an audit, it is common for the external auditor to seek a letter of representation (written representations) from the management of the […]
July 30, 2021

Determining customers’ reasonable value

A machine produces circular bolts and, as a quality control test, 250 bolts were selected randomly and the diameter of their heads measures as follows: Diameter […]
July 30, 2021

Determining average cost, revenue equations and profit maximization

An electronics firm carries out a small-scale test launch of a new low-priced pocket calculator. It estimates from this test that if it went into full-scale […]
July 30, 2021

Tax obligation

Should citizens feel obliged to pay tax? Explain
July 30, 2021

ways in which the Government may prevent loss of taxrevenue from imports

Suggest three possible ways in which the Government may prevent loss of tax revenue from imports. Explain
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