We look at MTBF as a tool used to understand the probability that a particular device will operate without needing repair for a particular period of time. … If the metric is a good one, it will mean that the probability that it will last 3 years will be R(3)Read More →

If you want to calculate a percentage of a number in Excel, simply multiply the percentage value by the number that you want the percentage of. For example, if you want to calculate 20% of 500, multiply 20% by 500. – which gives the result 100. How do I calculateRead More →

Real GDP is the value of final goods and services produced in a given year expressed in terms of the prices in a base year. To calculate Real GDP, we use base year prices and multiply them by current year quantities for all the goods and services produced in anRead More →

Simply put, the GDP price deflator shows how much a change in GDP relies on changes in the price level. It expresses the extent of price level changes, or inflation, within the economy by tracking the prices paid by businesses, the government, and consumers. What is the GDP deflator quizlet?Read More →

Assessable income – allowable deductions. = taxable income. Calculate tax on taxable income. (using tax rate table) Tax on taxable income – tax offsets. = Net tax payable. Net tax payable + Medicare levy + Medicare. surcharge = Total tax payable. Total amount of tax payable – tax credits. =Read More →

Horsepower and Speed A pontoon boat with a 70 horsepower engine is plenty for tubing. At that level, you might be able to get up on skis too, but 90 HP will serve you much better. After that, the more HP in your engine, the more adventurous you can getRead More →

The most common arbitrage bet is made by taking positions in the market across a bookmaker and a betting exchange – backing at the bookmaker and then laying the same outcome on the betting exchange. You now look at the lay price on Player A to win – betting thatRead More →

The adjusted balance method of calculating your finance charge uses the previous balance from the end of your last billing cycle and subtracts any payments and credits made during the current billing cycle. New charges made during the billing cycle are not factored into the adjusted balance. What is theRead More →

BCWS = % Complete (Planned) x Project Budget. BCWP = % Complete (Actual) x Project Budget. Cost Variance = BCWP – ACWP. CPI = BCWP / ACWP. How is ACWP calculated in MS project? As progress (percentage of completion or actual work) is reported on the task, Microsoft Office ProjectRead More →

Maximum drink order The maximum number and size of drinks that may be sold or served to a patron after 1 a.m. is limited to two standard servings per order – one standard serving is one ounce per highball or one bottle or can of beer. How many drinks isRead More →