LAW OF LARGE NUMBERS
A statistical rule which assumes that the average number of samples might reach the mean of the entire population as the figures escalate. In the financial sense, when a company’s revenue goes up, it will have a difficulty to maintain its growth. To continue expanding the firm, it has to grow more and more to sustain the percentage of growth.
Also known as Law of Averages.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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