Search over 10,000 free study notes

250

You should use the mode if the data is qualitative (colour etc.) or if quantitative (numbers) with a clearly defined mode (or bi-modal). It is not much use if the distribution is fairly even. Median You shou...

Extra Curricular activties show that you, the student have an extra dimension. Putting down things like Duke of Edinburgh and National Citizen Service and expanding upon them by highlighting what you have le...

Inflation is the persistent increase in price of goods and services in the economy from one time period to the next. So take a chocolate bar which cost you £1 last year, now costs you £1.10. The inflation is...

Opportunity cost is defined as the next best alternative foregone. An example of this is: Someone gives up going to see a movie to study for a test in order to get a good grade. The opportunity cost is the c...