July 28, 2021

Role and functions of a Value Added Tax tribunal

Explain the role and functions of a Value Added Tax tribunal.
July 28, 2021

Binomial, poisson, or normal probability distribution

The lifetimes of a certain type of electrical components are distributed with a mean of 800 hours and standard deviation of 160 hours. Required: (i) Identify […]
July 28, 2021

Probability distribution situations

A green grocer buys peaches in large consignments directly from a wholesaler. In view of the perishable nature of the commodity, the green grocer accepts that […]
July 28, 2021

Distribution situations

Vehicles pass a certain point on a busy single – lane road at an average rate of two per 10 second interval. Required: (i) Identify situation  […]
July 28, 2021

Binomial, poisson, or normal distribution

In each of the following three situations, use the binomial, poisson, or normal distribution depending on which is the most appropriate. In each case, explain why […]
July 28, 2021

capital and revenue expenditure

You are provided with the following details: 1. Installing a system of ventilation in the factory. 2. Legal expenses incurred when acquiring a new building 3. […]
July 28, 2021

Capital allowances

Timexa Limited provided the following details with respect to its fixed assets for the year of income 2005. 1. Building Sh. Class I Sh. Class II […]
July 28, 2021

Company profit maximization

Company A sells all its output to company B for Sh. 200 per unit. The cost of the sales per week in company A are given […]
July 28, 2021

Application of calculus to economic models

Explain briefly the application of calculus to economic models, especially in the context of maximizing contribution and minimizing costs.
My Account