Examlex
If the expected value of a sample statistic is equal to the parameter it is estimating,then we call that sample statistic
Salvage Value
The estimation of an asset's value at the end of its period of utility.
Depreciation
The systematic allocation of the cost of a tangible asset over its useful life, representing the wear and tear or obsolescence of the asset.
Service Life
The expected period during which an asset is considered useful and productive in a business operation, also known as useful life.
Units-Of-Production
A depreciation method that allocates the cost of an asset based on its usage, production, or units of output over its useful life.
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