# VALUE FOR MONEY DEFINITION - VentureLine.

The expected value can really be thought of as the mean of a random variable. This means that if you ran a probability experiment over and over, keeping track of the results, the expected value is the average of all the values obtained. The expected value is what you should anticipate happening in the long run of many trials of a game of chance.

Residual value may also be referred to as salvage value, disposal value, or scrap value. Why is residual value important? In accounting, the cost of a fixed asset is recorded as a repeat expense across its entire useful life rather than as a one-off cost. This process is called either depreciation or amortisation, depending on the nature of the asset: Depreciation is the method of expensing.

Philosophic value may be split into instrumental value and intrinsic values. An instrumental value is worth having as a means towards getting something else that is good (e.g., a radio is instrumentally good in order to hear music). An intrinsically valuable thing is worth for itself, not as a means to something else.

Value definition is - the monetary worth of something: market price. How to use value in a sentence. Synonym Discussion of value.

A p-value is a number between 0 and 1, and in most realistic situations, a value at the boundary (especially a value at 0) is impossible. A value of 1 is impossible because when you compute two statistics from two normally distributions, the probability that those two statistics are exactly equal is 0. And only an exact equality will lead to a p-value of 1.

Value added describes the enhancement a company gives its product or service before offering the product to customers. Value-added applies to instances where a firm takes a product that may be.

Numerical value definition is - a quantitative value assigned to a letter of the alphabet. How to use numerical value in a sentence.

Default Values - Database: Default values, in the context of databases, are preset values defined for a column type. Default values are used when many records hold similar data.

P-value Calculator. Use this statistical significance calculator to easily calculate the p-value and determine whether the difference between two proportions or means (independent groups) is statistically significant. It will also output the Z-score or T-score for the difference. Inferrences about both absolute and relative difference (percentage change, percent effect) are supported.

Illustrated definition of Value: Mathematics: a number, or the result of a calculation. Example: 3 times 4 gives the value of 12.

Definition of rateable value in the Definitions.net dictionary. Meaning of rateable value. What does rateable value mean? Information and translations of rateable value in the most comprehensive dictionary definitions resource on the web.