Ali Iftikhar

1. Measures of Central Tendency, Arithmetic Mean, Median, Mode, Harmonic, Geometric Mean

Leave a Comment / Statistics / /
Measures of Central Tendency, Arithmetic Mean, Median, Mode, Harmonic, Geometric Mean

Measures of Central Tendency or averages of first order such as Arithmetic Mean, Median, Mode, Harmonic Mean & Geometric Mean. Measures of central tendency calculate the most central value of the data. To know the central value within the distribution of data, there are three methods to calculate it arithmetic mean, median and mode. Besides this, there are two other average Geometric mean which is used for geometric calculations such as index numbers, and Harmonic Mean which is used for rates and ratio purposes used by financial institutions.

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Chapter 8: How to calculate Net Present Value and Other Investment Criteria/Capital Budgeting Techniques

Leave a Comment / Corporate Finance / /
Capital Budgeting Techniques Net Present Value

In this post, I am going to teach you that what are capital budgeting techniques, how net present value, profitability index, payback period, internal rate of return can be calculated & how all these put impact on investment criteria.

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1.How to Define Economic Problem, need, want, scarcity, Opportunity Cost, Specialization & Division of Labor, Business Activity & Added Value?

Leave a Comment / O Level Business / /

In this post, I am going to teach you the topic of IGCSE/O Level Business Activity and will understand that what is the difference between need & want?

How difference of unlimited wants and scarce resources create imbalance that causes economic problem? How to define economic problem.

How can we define scarcity & opportunity cost?

What is specialization & division of labor & finally business activity & added value?

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Understanding the Psychology of Forex Trading: How Your Mindset Impacts Your Success?

Leave a Comment / Financial Management / /

In this post, I am going to tell you that how fruitful forex exchanging requires discipline, information, and the advancement of beneficial routines. I am sure, if you adopt these parameters, there is a light of hope that you will get success in forex trading environment of business. Here are the absolute best propensities for forex traders:

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Cambridge IGCSE/O LEVEL Topic: 2 Sources and recording of data, Double Entry Book-keeping

Leave a Comment / O Level Accounting / /

Double Entry Book-keeping is a method to record business transaction in which two aspects of transaction are recorded. These two aspects are receiving and giving. These two aspects are also called debit and credit & in all types of journals both sides must be equal. In each transaction at-least two accounts are used. In our course we shall directly record transactions into ledgers. Here rules for debit and credit are important to understand.

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Cambridge IGCSE/O Level Accounting: Topic 1: Fundamentals of Accounting & The Accounting Equation

1 Comment / O Level Accounting / /
Cambridge IGCSE/O Level Accounting: Topic 1: Fundamentals of Accounting & The Accounting Equation

Accounting is the language of business. Business is a profit motive activity which must be expressed in monetary terms. These monetary dealings must be recorded in the form of business transactions. Business monetary information must go through the five steps:

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1. Introduction to Statistics Basic Important Concepts

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Introduction to Statistics Basic Important Concepts

Statistics is a branch of applied mathematics.

It deals with data e.g. collection of data, organization of the data, interpretation or analysis of the data and presentation of the data.

Mainly it deals with quantitative analysis of the data and rarely touches qualitative aspect of the data.

It is the science of getting average and probability but overall field of statistical analysis is so vast.

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