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Business Requirements

DoubleDeclining Balance method
The fixeddeclining balance method computes depreciation at a fixed rate. The doubledeclining 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 Chisquared Distribution
Use the chisquared 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.

Chisquared 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.