When manufacturing products, a business should budget the time and necessary manpower to produce the products. This allows the company to estimate the total costs associated with the production of the ...

The clinical application of the B-type natriuretic peptide (BNP) assay is well established and characterized by excellent sensitivity (acceptably low false negative rate) but less than adequate ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

If the expected return on two projects is the same but the second has a higher variance (or standard deviation), then the first will be preferred. Also, if the variance on the two projects is the same ...

Daniel Jassy, CFA, is an Investopedia Academy instructor and the founder of SPYderCRusher Research. He contributes to Excel and Algorithmic Trading. David Kindness is a Certified Public Accountant ...

A variance occurs when expenses such as revenue or labor are either more or less than what the company anticipated and budgeted for. Hospitality businesses such as hotels and restaurants can ...

Stock's historical variance measures its return stability over time. Higher variance indicates greater return unpredictability and risk. Calculate variance using Excel to simplify the process for ...

If you are struggling to keep track of performance metrics and identify areas needing improvement? You will be pleased to know that you are not alone. Many people find it challenging to sift through ...

What Is a Poker Run? A poker run is a session or sessions of poker play where you do far better than average, and it may feel like every hand you play turns to gold. You hit draws, your bluffs get ...