Examlex
Ratios provide useful, stand-alone tools to assess management performance and improvement efforts.
Total Sum Of Squares
A statistical measure representing the total variance in a dataset that is used to calculate the standard deviation and variance.
Sales
The exchange of goods or services for money; in a business context, it refers to the transactions leading to revenue.
Profits
Financial gains realized when the revenue earned from business activities exceeds the expenses, costs, and taxes involved in sustaining the activities.
Intercept
In the context of linear regression, this represents the expected value of the dependent variable when all independent variables are zero; it is the point at which the regression line crosses the y-axis.
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