The number of plumbing repair jobs by Joy Plumbing Service in each of the last nine months in Miami town are listed below: Month Jobs March April May June July August September October November 353 387 342 374 396 409 399 412 408 Required: (i) Forecast the number of repair […]

(i) Give some examples of the type of data that form a normal distribution. (ii) Under what conditions can the normal distribution be used as an approximation to the binomial distribution? (2 marks) (iii) What do confidence limits measure? (2 marks)

The directors of Totale engineering Company Limited presented the following Profit and Loss for the year ended 31 December 2005: Sh. Revenues Sales Interest on Government Securities (Gross) Expenses: Purchases Wages Carriage inwards Rent Insurance Trade expenses Repairs: Building Machinery Advertising Legal charges Audit fees Depreciation Provision for doubtful debts […]

You are carrying out the audit of ACB Computers limited for the year ended 31 December 2003. The company assembles microcomputers purchased from the Far East and sells them to retailers, and to individuals and other businesses. In the current year, there has been a recession and strong competition, which […]

A manager is convinced that a new type of machine does not affect production at the company‟s major shop floor. In order to test this, 12 samples of this week‟s hourly output is taken and the average production per hour is measured as 1158 with a standard deviation of 71. […]

Prior to an advertising campaign, 35 percent of a sample of 400 housewives used a certain product. After the campaign, 40 percent of a second sample of 400 housewives used the same product. Required: Did the campaign increase sales?

Outline how each of the following may contribute to economic growth and development in developing countries: i. Domestic economic governance and transparency. (5 marks) ii. Activities of commercial banks and non-bank financial institutions. (5 marks)

Explain why reduction of Government deficits has increasingly become an important issue in fiscal policy framework of developing countries.

What are the main causes of budget deficits? Discuss