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## Business Requirements

## Double-Declining Balance method

The fixed-declining balance method computes depreciation at a fixed rate. The double-declining balance method computes depreciation at an accelerated rate. Depreciation is highest in the first period and decreases in successive periods

## Day Count Basis

The basis parameter accepts the following values:

## Accrued Interest

Returns the accrued interest for a security that pays periodic interest

## Right Tailed Chi-squared Distribution

Use the chi-squared test to compare observed and expected values. For example, a genetic experiment might hypothesize that the next generation of plants will exhibit a certain set of colors. By comparing the observed results with the expected ones, you can decide whether your original hypothesis is valid.

## Chi-squared Distribution

Commonly used to study variation in the percentage of something across samples, such as the fraction of the day people spend watching television

## Beta Distribution

The beta distribution is commonly used to study variation in the percentage of something across samples, such as the fraction of the day people spend watching television.