Two Depreciation Methods That Ignore the Salvage Value Are ________

question 2

Short Answer

Two depreciation methods that ignore the salvage value are ________ and ________.

---

Definitions:

Variance

The measure of how spread out numbers are in a dataset, calculated as the average of the squared differences from the mean.

Analysis of Variance

A statistical method used to compare means of three or more samples by analyzing variance among and between data groups to identify any statistically significant differences.

Treatment Means

The average outcomes or results of different treatments or conditions in experimental research.

Sample Mean

The average value of a set of characteristics (numbers) from a subset of a population, used to estimate the population mean.