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Essay's paper info
| Topic: |
Business
|
| Number of pages / Number of words: |
6 / 1414 |
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This is because the only values that can be counted fall into bins six through fifteen. Even though bin five may contain values that are above the $1.15 threshold, they can not be counted as they are not guaranteed to be above the stated value. Therefore the formula for the estimate is: Estimate = B6 + B7 + B8 + B9 + B10 + B11 + B12 + B13 + B14 + B15 where B6=5, B7=1, B8=3, B9=0, B10=0, B11=0, B12=0, B13=0, B14=0 and B15=1...
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This is because the only values that can be counted fall into bins six through fifteen. Even though bin five may contain values that are above the $1.15 threshold, they can not be counted as they are not guaranteed to be above the stated value. Therefore the formula for the estimate is: Estimate = B6 + B7 + B8 + B9 + B10 + B11 + B12 + B13 + B14 + B15 where B6=5, B7=1, B8=3, B9=0, B10=0, B11=0, B12=0, B13=0, B14=0 and B15=1...
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