Observations

Contingency Table
A contingency table is a type of data matrix presenting sample observations classified by two or more characteristics, such as categories or attributes.
Diary
A diary is a daily written record of occurrences, experiences, observations, or thoughts. It can be used for various purposes, such as documenting personal reflections or keeping records for tax purposes.
Frequency Diagram
A frequency diagram is a type of bar diagram that illustrates how many observations fall within each category. It is a fundamental tool in statistics for data visualization.
Inductive Reasoning
Inductive reasoning is a process where specific observations or experiences are used to make generalized conclusions. Commonly used in fields such as science, marketing, and business strategy, inductive reasoning involves deriving patterns or theories from specific instances.
Permutations
Permutations refer to the different arrangements or orderings of a set of items, where the order of elements is crucial in their selection.

Accounting Terms Lexicon

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