No topic Assignment Example | Topics and Well Written Essays - 750 words - 3

No topic - Assignment Example When the sample size (N) is small it takes a larger number of sample (Reps > 1000) to see that the distribution is normal while when N is relatively larger it takes relatively smaller number of sample (reps In conclusion, if the parent population is normal, the sampling distribution will always be normally distributed. If the population is not normal, the distribution of the sample mean will be approximately normally distributed if the sample size is large enough. From this we learn that this statistical technique assumes normality even when we are sampling populations that are not normal distributions. Hence we can say that central limit theorem is a statistical technique that assumes normality in both normal and normal statistical distribution shapes. When the sample size is large enough, the sampling distribution of the sample mean will always tend to normal distribution. In the first sentence it will be better to say that the central limit theorem describes the characteristics of the sampling distribution of the mean of samples that are randomly sampled from a population. Instead of saying â€Å"the means sample means is approximately normal† we rather say that the distribution of the mean of the sample is normal. And lastly there is a spelling mistake in the first paragraph last sentence. Instead of â€Å"†¦the sampling distribution if the mean approves a normal distribution†¦Ã¢â‚¬  it read â€Å"†¦the sampling distribution of the mean approves a normal distribution†¦Ã¢â‚¬  Here, the classmate has done extremely well to point out that as the sample

Home Depot and Lowe's Financial analysis Assignment

Home Depot and Lowe's Financial analysis - Assignment Example The times earned ratio increased from 9.95 to 11.01 to 12.43 over the three years. That shows that the company is earning interest over its investments and that is a positive thing for the company. The cash coverage ratio for the company increased to 15.1 from 13.8 and 13 over the three years. Lowe- The long-term debt ratio for the company is increasing over the three years. The ratio increased from 27% to 29% from the year 2011 to 2012 then increased to 39% in the year 2013. That shows that the ratio for the company for the long-term debt is stable and the company depends on long term funding for its operations. For the long term to equity ratio, the ratio increased from 36% to 42% then increased to 65% over the three years. The total debt ratio for the company reduced from 46% to 23% then increased to 24%. That shows that the total debt for the company is not stable. That shows that that the company is dependent on debt as the means of raising funds for the company. The times earned ratio reduced from 9.72 to 7.7 to 6.95 over the three years. That shows that the company is cutting on the interest earned on its investments and that is not a positive thing for the company. The cash coverage ratio for the company reduced to 11 from 11.89 and 14.80 over the three years. Home depot: The net working capital to total assets ratio increased from 0.08 to 0.13 in the year 2012 then reduced to 0.1. That shows that the liquidity of the company is not stable and that shows that the working capital of the company should be increased (Damodaran 1999). The current ratio for the company increased from 1.33 to 1.55 then reduced to 1.34. The current ratio shows the ratio of current liabilities to current assets. That shows the ability of the company to payback its liabilities using current assets. The best ratio is 2:1. The quick ratio for the company reduced from 0.4 from 0.44. That shows the ability of a