Tag: methods
Valuation
What is a 'Valuation' Valuation is the process of determining the current worth of an asset or a company; there are many...
Underlying Mortality Assumption
What is 'Underlying Mortality Assumption' Projections of expected death rates used by actuaries to estimate insurance premiums and pension obligations. Underlying mortality...
Last In, First Out (LIFO)
What is Last In, First Out (LIFO)?
LIFO is an inventory accounting method in which the most recently acquired items are the first ones to...
Law Of Large Numbers
DefinitionIn probability theory, the law of large numbers is a theorem that describes the result of performing the same experiment a large number of...
Economic Forecasting
DefinitionEconomic forecasting is the process of making predictions about the economy. Forecasts can be carried out at a high level of aggregation—for example for...
Econometrics
What is econometrics and what does it involve
Econometrics is the study of relationships between economic variables using statistical methods. It is concerned with the...
Objective Probability
What is 'Objective Probability' The probability that an event will occur based an analysis in which each measure is based on a...
Taguchi Method Of Quality Control
What is the 'Taguchi Method Of Quality Control' The Taguchi method of quality control is an approach to engineering that emphasizes the...
Valuation Clause
What is a Valuation Clause
A valuation clause is a clause in a contract that stipulates the value of goods or services to be exchanged....
M
What is 'M' The fifth letter of a Nasdaq stock symbol that specifies the issue is the firm's fourth class of preferred...