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Commerce Business Statistics And Research Methods Difficulty: Medium

Calculation of arithmetic mean by short-cut and step-deviation method is based on assumed mean, which is taken/selected from

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Long period of bond maturity leads to Which of the following is not the principle of insurance: Why is profit volume ratio used? 1. To compute the variable cost for any volume of sales. 2. To determine break-even point and the level of output required to earn a desired profit. 3. To decide most profitable sales mix. Select the correct answer The capital of firm is Rs. 80,000. The normal rate of return is 7.5%. If the profit earned by the firm during the last five years is Rs. 8,000, Rs. 9000, Rs. 7000, Rs. 8,500 and Rs. 10,000 then the super profit of the firm will be. Which one of the following statement is false?