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What is a budget variance?
A budget "variance" is the difference between planned and actual performance.
What is inventory variance report?
An inventory variance report shows the difference between previous recorded inventory quantity and correct inventory quantity which is discovered immediately after a physical count. It also reports on the value difference the quantity variances caused.
If a sample of 66 employees were taken from a population of 820 employees s2 could refer to the variance of how many of the employees salaries?
66
What is the difference between a normal distribution and the standard normal distribution?
The standard normal distribution is a normal distribution with mean 0 and variance 1.
What is the Difference between normal and gaussian distribution?
Actually the normal distribution is the sub form of Gaussian distribution.Gaussian distribution have 2 parameters, mean and variance.When there is zero mean and unit variance the Gaussian distribution becomes normal other wise it is pronounced as Gaussian.Wrong! The standard normal distribution has mean 0 and variance 1, but a normal distribution is the same as the Gaussiand, and can have any mean and variance. Google stackexcange "what-is-the-difference-between-a-normal-and-a-gaussian-distribution"
What difference between a favorable variance and an unfavorable variance?
Favourable variance is that variance which is good for business while unfavourable variance is bad for business
What is a budget variance?
A budget "variance" is the difference between planned and actual performance.
What is budget variance?
A budget "variance" is the difference between planned and actual performance.
What is difference between the amount budgeted and the actual amount is called?
Difference between actual amount and budgeted amount is called "Variance" and variance analysis is done to find out the reasons for variance
Is there any difference between sales volume variance and Sales Quantity Variance?
Yes
The difference between variance and standard deviation?
The SD is the (positive) square root of the variance.
What is the difference between negative price variance and volume variance?
Negative price variance is when the cost is less than budgeted. Volume variance is a variance in the volume produce.
Difference between the salaries and salary-payable?
Salaries expense -can be paid or unpaid while salaries payable is finally pay the salaries...
What is the difference between variable overheads cost variance andfixed overheads cost variance?
Variable overhead cost variance is that variance which is in variable overheads costs between the standard cost and the actual variable cost WHILE fixed overheads cost variance is variance between standard fixed overhead cost and actual fixed overhead cost.
What is favourable variance?
A favorable variance is the difference between the budgeted or standard cost and the actual cost. If the actual cost is less than budgeted or standard cost, it is a favorable variance.
What is the difference between anova and aov?
There is no difference.AOV = Analysis of VarianceANOVA = Analysis of Variance.
What the difference between actual value and earned value?
The difference between the Actual Value & Earned Value is the Project Cost Variance
