Steven Force
Steven Force
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Відео

Knowing the Tail for Hypothesis Testing
Переглядів 3612 роки тому
Discussing how to determine if the hypothesis test is a two-tail or one-tail test. This video also covers how to determine if the hypothesis test is a right-tail or left-tail test.
Type I & Type II Errors
Переглядів 5662 роки тому
Discussing the difference between Type I and Type II errors, and when each occur.
The 6 Steps of Hypothesis Testing
Переглядів 6 тис.2 роки тому
Reviewing the 6 steps of hypothesis testing.
How to Determine Hypotheses for Tests with Two Populations
Переглядів 1772 роки тому
Reviewing the steps to determine hypotheses for tests with two populations, including key words and phrases to look for when finding your hypotheses.
What is Simple Linear Regression?
Переглядів 2472 роки тому
Reviewing simple linear regression, its purpose, the individual pieces of the regression equation and the usefulness of the coefficient of determination.
How to Use Bell Curves During Hypothesis Testing
Переглядів 1,2 тис.2 роки тому
Discussing how bell curves can be used to determine the conclusion at the end of a hypothesis test.
What is a One-Way ANOVA?
Переглядів 1492 роки тому
Reviewing what a one-way ANOVA will measure, along with the reason we use ANOVAs in statistics.
Using T-Scores in Confidence Intervals
Переглядів 1602 роки тому
Reviewing when to use t-scores, and how that affects the calculations when finding the confidence interval. This video discusses how to find the degrees of freedom required for finding the t-score.
Normal Probability (Bell Curve)
Переглядів 3092 роки тому
Reviewing normal probability distribution and bell curves. This video discusses the characteristics of normal distribution, along with how standard deviation affects the shape of the bell curve.
Poisson Probability
Переглядів 2312 роки тому
Reviewing Poisson probability, and the Excel function used to calculate Poisson probability.
How to Calculate Standard Error
Переглядів 1,5 тис.2 роки тому
Discussing how to calculate the standard error of the mean and the standard error of the proportion.
Confidence Intervals
Переглядів 7032 роки тому
Reviewing confidence intervals and how to calculate upper and lower confidence limits. Point estimate and margin of error is also discussed in this video.
What is the Finite Correction Factor?
Переглядів 7 тис.2 роки тому
Reviewing when to use and how to calculate the finite correction factor (FCF).
Using a Bell Curve to Find Probabilities
Переглядів 9812 роки тому
Reviewing bell curves and Excel functions to use with normal distribution.
Proofs for Z-Scores
Переглядів 3932 роки тому
Proofs for Z-Scores
Binomial Probability
Переглядів 2792 роки тому
Binomial Probability
Discrete Probability
Переглядів 1,3 тис.2 роки тому
Discrete Probability
Using Contingency Tables for Probabilities (Intersections and Unions)
Переглядів 12 тис.2 роки тому
Using Contingency Tables for Probabilities (Intersections and Unions)
Conditional Probability
Переглядів 3432 роки тому
Conditional Probability
Measures of Variability (Range, Variance and Standard Deviation)
Переглядів 6082 роки тому
Measures of Variability (Range, Variance and Standard Deviation)
5 Rules of Probability
Переглядів 7002 роки тому
5 Rules of Probability
What is the Empirical Rule?
Переглядів 1192 роки тому
What is the Empirical Rule?
Frequency Distribution Example
Переглядів 1342 роки тому
Frequency Distribution Example
Frequency Distribution Rules
Переглядів 2602 роки тому
Frequency Distribution Rules
What are scatter plots?
Переглядів 2282 роки тому
What are scatter plots?
Contingency Tables
Переглядів 3952 роки тому
Contingency Tables
Measures of Central Tendency (Mean, Median and Mode)
Переглядів 1472 роки тому
Measures of Central Tendency (Mean, Median and Mode)
Descriptive Statistics vs. Inferential Statistics
Переглядів 4172 роки тому
Descriptive Statistics vs. Inferential Statistics
Discrete Data vs. Continuous Data
Переглядів 1,3 тис.2 роки тому
Discrete Data vs. Continuous Data

КОМЕНТАРІ

  • @HarawaTashi
    @HarawaTashi 2 дні тому

    Thank you 🎉

  • @Kerrold
    @Kerrold 2 дні тому

    Sir. Thank you so much. I've watched over 10 videos and i've spent hours crying over FIFO lolololol, this helped me so much. All the lightbulbs are going off in my head. THANK YOU!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    • @stevenforce3344
      @stevenforce3344 2 дні тому

      I'm happy to hear this helped! Hopefully no more crying over FIFO now!

  • @SomaiaAfnan
    @SomaiaAfnan 3 дні тому

    Excellent 👌👌👌

  • @LokoDalecha
    @LokoDalecha 6 днів тому

    Nice🎉🎉🎉

  • @chantellwileyjones2181
    @chantellwileyjones2181 7 днів тому

    Thank you so much!

  • @JC-yq3fz
    @JC-yq3fz 13 днів тому

    Great video but I have a question. The inventory on August 10th , shouldn’t it be purchase discounts ? Thanks

    • @stevenforce3344
      @stevenforce3344 12 днів тому

      If you are using a periodic inventory system, then it would be purchase discount. However, in a perpetual inventory system, you would use inventory.

  • @Lewis.Linnchannel
    @Lewis.Linnchannel 17 днів тому

    This is one of the few very clear and easy to understand videos that get directly to the point.

  • @abdikadirsalad1572
    @abdikadirsalad1572 19 днів тому

    good job sir

  • @elycatrachita17
    @elycatrachita17 19 днів тому

    You are an amazing teacher thank you for this class, it has been super helpful! Greetings from London

  • @Akeoiii
    @Akeoiii 19 днів тому

    Thank you so much man I have a test in a couple hours and this was super helpful!!

  • @whereswally2362
    @whereswally2362 21 день тому

    Thank you for the videos! I just finished my homework, you are the best teacher! Really helpful and simple to understand.

  • @chyne3249
    @chyne3249 22 дні тому

    :)))

  • @AC-if4sz
    @AC-if4sz 25 днів тому

    my professor is teaching us by using corporate accounting terms (common stock, dividends, etc) am i missing out on something if the terminology are differently taught?

    • @stevenforce3344
      @stevenforce3344 24 дні тому

      This would be the terminology if you're working in a sole proprietorship. Owner's Equity becomes Stockholder's Equity (or Shareholder's Equity) when you are working in a corporation.

  • @NisarahmadSafi88
    @NisarahmadSafi88 25 днів тому

    income from operation is 400,000you added 24000 extra way i made confu

  • @saulocastro9747
    @saulocastro9747 26 днів тому

    I started this video 50 minutes before my test and this saved me, thank you so much 🎉

  • @SylviaSchmitt-n3m
    @SylviaSchmitt-n3m 27 днів тому

    Berenice Station

  • @relensonllaneta3685
    @relensonllaneta3685 Місяць тому

    What if the net income is missing and thy have additional investment and bonus to a partner by 20% net income after interest and salaries?

  • @SodiqovaMuslimaSodiqovaMuslima
    @SodiqovaMuslimaSodiqovaMuslima Місяць тому

    Thank you so much

  • @robertlynch7950
    @robertlynch7950 Місяць тому

    Well done. I am just starting Intermediate Financial Reporting 1 and it's been 8 years since I had my first Financial Accounting class. My most recent accounting class was Governmental Accounting about 4 years ago. Needless to say, I am rusty. This week is the accounting cycle and I am fine on some points but confused on others. This video is now bookmarked for reference. I just subscribed to your channel. Thanks so much for your efforts!

  • @MargaretwambuiMuita
    @MargaretwambuiMuita Місяць тому

    Why do we arrange in liquidity

    • @stevenforce3344
      @stevenforce3344 Місяць тому

      Listing in the order of liquidity allows users of the reports and statements to assess the financial health of the company. For example, they can see how quickly and easily a company would be able to pay back their debts, based on how liquid the company's assets are.

  • @victoriaweaver6662
    @victoriaweaver6662 Місяць тому

    you are amazing and you explain this so much better than my professor!!!!!!!

    • @yayadina7826
      @yayadina7826 18 днів тому

      I am telling you, he's perfect.

  • @ellaloredo
    @ellaloredo Місяць тому

    How about if the expenses are missing the same as the Investment? I do not know how I can solve the investment without the expenses since I cannot get the Net income first without the expenses. Huhuuuu

  • @RaihanMuhammad-u1q
    @RaihanMuhammad-u1q Місяць тому

    😊😊😊

  • @MIGUELRAWR
    @MIGUELRAWR Місяць тому

    WOW ! Thank you so much , I was having such a hard time understanding but you explained it so well. I’m a hands on learner and this makes much more sense now !

  • @squareball7017
    @squareball7017 Місяць тому

    Hi what happens if there's accumulated depreciation in post-closing? Will it still be credit side or will it be a negative value on the debit side? The problem with putting it on credit side is that the total sum value of the post closing trial balance doesn't match with the total sum value of the balance sheet... any idea on this? thank you so much!

    • @stevenforce3344
      @stevenforce3344 Місяць тому

      Accumulated Depreciation would still be a credit balance on the post-closing trial balance. The totals from the post-closing trial balance do not need to be the same values as the totals from the balance sheet. As long as the debit and credit columns equal on the post-closing trial balance, and Assets = Liabilities + Owner's Equity on the balance sheet, then everything is fine.

    • @squareball7017
      @squareball7017 Місяць тому

      @@stevenforce3344 i see, thank you! its also nice that you're still active on youtube helping people out

  • @witheredrose110
    @witheredrose110 2 місяці тому

    very helpful video

  • @YrrosSivan
    @YrrosSivan 2 місяці тому

    the entries in August 1 is Dr: Purchases Cr: accounts payable

  • @sapnasonker6784
    @sapnasonker6784 2 місяці тому

    😢

  • @DrKareemullahKabir
    @DrKareemullahKabir 3 місяці тому

    It is really educative

  • @wowsod
    @wowsod 3 місяці тому

    Thank you !

  • @daudadnan5
    @daudadnan5 3 місяці тому

    god bless you and your family

  • @BonaaAbdii-e9j
    @BonaaAbdii-e9j 3 місяці тому

    T

  • @ClaudiaArelyVlogs
    @ClaudiaArelyVlogs 3 місяці тому

    I can't thank you enough for this. I was struggling with my homework and didn't understand it, but you made it so easy. Now, I totally get it. I did one FIFO and LIFO by myself, following what I learned from you, and I got them all right. Thanks a bunch!

  • @Acc-Studbud
    @Acc-Studbud 3 місяці тому

    Thank you so much,just found this playlist 3days before semester final.. This was so helpful ❤

  • @thandosdance1504
    @thandosdance1504 3 місяці тому

    Thank you for going straight to the point.

  • @Akshay2k07
    @Akshay2k07 3 місяці тому

    Learnt in 5 mintues thanks mate

  • @Flowerheart34
    @Flowerheart34 4 місяці тому

    I am still having trouble getting it.

  • @itsanh7203
    @itsanh7203 4 місяці тому

    Can you make a video about periodic method as well?

  • @Adrian-cn5rk
    @Adrian-cn5rk 4 місяці тому

    What if there's a loss instead of profit. Would you write it as Less: Loss xxx

    • @stevenforce3344
      @stevenforce3344 4 місяці тому

      Correct. The Net Loss would be listed under the "Less" section along with any Owner's Drawings you may have in that period.

  • @ambarjm3300
    @ambarjm3300 4 місяці тому

    i also looked up for many video regarding this topic but i found your video the most helpfull one. Thank you

  • @sharonjennettemaiba8595
    @sharonjennettemaiba8595 4 місяці тому

    Thank you so much ✊🏼

  • @AbyalewHailu
    @AbyalewHailu 4 місяці тому

    I want to ask that what is the interest? Where does the interest come from?

  • @UserName-hh7sl
    @UserName-hh7sl 4 місяці тому

    Tanks

  • @BriaMckenzie-mr3fk
    @BriaMckenzie-mr3fk 4 місяці тому

    youre awesome you have the best videos and you explain everything in a simple way. Thank you very much!

  • @willrunkel356
    @willrunkel356 4 місяці тому

    Great work, simple and to the point. Thank you!

  • @bluebioluminescence
    @bluebioluminescence 4 місяці тому

    does it matter in which order you list out the liabilities and owner's equity?

    • @stevenforce3344
      @stevenforce3344 4 місяці тому

      Liabilities will always need to be listed before Owner's Equity. As for liabilities, it's best to list them out in order of the account numbers that a company is using. However, there is not a strict rule like the order of liquidity for assets. As for Owner's Equity, the only account that you'll list on a basic balance sheet will be Owner's Capital.

  • @bluebioluminescence
    @bluebioluminescence 4 місяці тому

    how do you know which accounts will be higher liquidity?

    • @stevenforce3344
      @stevenforce3344 4 місяці тому

      Liquidity refers to how quickly an asset can be turned into cash or be used up. So, Cash will always be the most liquid. Here's a link that goes more into the rest of the list: www.accountingtools.com/articles/what-is-order-of-liquidity.html

  • @bluebioluminescence
    @bluebioluminescence 4 місяці тому

    is adding investments optional? it sounded optional

    • @stevenforce3344
      @stevenforce3344 4 місяці тому

      It's not necessarily optional, but investments are not always going to happen during an accounting period. An owner may go a while before investing more in the business, so during those periods without any investments, they will not appear on the statement.

  • @bluebioluminescence
    @bluebioluminescence 4 місяці тому

    i didn't realize it would be this easy! thank you so much

  • @KazakhKazakhstan85
    @KazakhKazakhstan85 4 місяці тому

    Great job, surprised why so litte views for such a detailed and clear explanation