R index
Rho value
The concept of rho is an important concept when it comes to statistical analysis. In mathematics and statistical analysis, the rho (ρ) value is a measure of how much variation in one variable is correlated with variation in another variable. It is a measure of how well an increase in one variable......
12/07/2023 
1027 
Sophie
RNAV estimation method
RNAV Valuation
RNAV or Random Navigation is a type of asset valuation method used to determine the worth of a business entity or a particular asset. RNAV stands for Random Navigation Valuation and is a technique of assessing the net value of a company or an asset. It is based on the idea of perfo......
R squared
The R-Squared value is a measure of a statistical measure of how close the data points fit to a regression line on a scatterplot. With a range from 0 to 1, the R-Squared value measures the percentage of variance explained by the regression line. If the R Squared value is 0, then the regression lin......
Revenue
Public finance – Displacement of Federal, State and Local Government Revenues
Public finance is concerned with the displacement of government revenues due to federal, state or local government policies. This can take the form of direct or indirect taxation, or the redistribution of government mo......
Reference to a basket of currencies
The World of Currency
Currency is an important aspect of the economy and of everyday life that many people overlook. Currency, which is considered a form of money given by a country, is a valuable and necessary tool that can be used to pay for goods and services. There are many different types of......
residual plot
：
Residuals are a concept in statistics and machine learning used to measure errors and outliers in data sets. Residual analysis refers to the process of creating a plot of the residual values of a set of data points and then analyzing that plot to determine the impact a particular variable has on......
Register of accounts
Introduction
The bookkeeping system comprises of several books called Journal, Ledger, Cash book and Trial Balance. A bookkeeping system is similar to a maze where transactions are recorded, sorted and summarized. Businesses have been opting for bookkeeping systems for centuries and this system ......
rem tax
Goods and Services Tax (GST): An Introduction
The Goods and Services Tax (GST) is an important indirect tax implemented in India in April 2017. India had, in fact, replaced the several indirect taxes commonly implemented in India, like excise duty, service tax, and VAT, with the GST. The aim was ......
reconciliation
Account Reconciliation
Account reconciliation is the process of comparing two sets of records in order to ensure that all accounts in a ledgers are correct and accurately reflect the actual amount of money being held. This process is generally completed on a monthly basis and allows companies to ......
Rank-Dependent Expected Utility Model
Level Dependence Expectancy Utility Model
The Level Dependence Expectancy Utility Model (LDEM), first introduced by economists Kenneth Arrow and Milton Friedman in the 1950s, is a game theory-based approach to decision making which holds that an individuals optimal decision-making strategy depend......
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