Monthly Archives: October 2016

Effective Annual Rate– Explained and usage

Effective annual rate is an annual rate of interest when compounding occurs more than once in a year. This can be used to compare the annual effective interest among the loans with different nominal interest rates and/or different compounding intervals such as daily, weekly, monthly, quarterly or half yearly. Effective annual rate (EAR), is also called the effective annual interest …

Difference between Assessment Year and Financial Year

In Tax  filing these two terms are very often used and individuals often confuse between them. Every Financial year and Assessment year starts at 1st April and ends by following year’s 31stMarch. Assessment year comes after Financial year. What is Financial year? The year in which you earn an income is termed as financial year. What is Assessment year? The …

How to calculate Mean, Median, Standard deviation, quantiles and etc.., using R

This video explains How to calculate Descriptive statistics such as Mean, Median, Mode, Standard deviation, Skewness, Kurtosis and more… give your comments and subscribe my channel!!You can find the script and download in Github Descriptive Statistics in R. Share and Subscribe to Sulthan Academy via Email for more interesting updates.Also read: HOW TO CALCULATE DESCRIPTIVE STATISTICS USING R