Tag: variance
Yield Variance
What is 'Yield Variance' Yield variance is the difference between actual output and standard output of a production or manufacturing process, based...
Absorbed Account
What is 'Absorbed Account' An account that has been combined or that has merged with another related account. Accounts are often absorbed...
Absolute Frequency
What is 'Absolute Frequency' A statistical term describing the total number of trials or observations within a given interval or frequency bin....
Random Factor Analysis
What is 'Random Factor Analysis' A statistical analysis performed to determine the origin of random data figures collected. Random factor analysis is...
Sales Mix
What is a 'Sales Mix' Sales mix is a calculation that determines the proportion of each product a business sells, relative to...
Sales Mix Variance
What is the 'Sales Mix Variance' Sales mix variance is the difference between a company’s budgeted sales mix and the actual sales...
Sales Price Variance
What is 'Sales Price Variance' The difference between the amount of money a business expects to sell its products or services for...
Standard Deviation
In mathematics, standard deviation is the degree of the dispersion from a set of data’s mean. The SD is higher when the data is...
CAPM – Capital Asset Pricing Model
The CAPM is a model that helps in determining the price of securities keeping in view the risk an investor takes, and the return...
Variable Overhead Efficiency Variance
How Does Variable Overhead Efficiency Variance Affect Your Overhead Rate?
There are two forms of overhead rate variation: Fixed overhead rate variance and Variable Overhead...