ECOS and Expected value: Difference between pages

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imported>Doug Williamson
m (Add "driver's" for clarity.)
 
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Employee Car Ownership Scheme.
''Statistics''.


In relation to forecasting, the average of all possible future results, weighted by the respective probabilities of each possible result.


A method of providing vehicles for employees under which:
For example, an Expected rate of return.
#Legal title to the vehicle passes to the employee driver at the start.
#The driver makes a series of repayments, usually monthly, to cover finance and maintenance.
#The employer makes a series of cash payments to the driver, to cover the driver's repayments to the fleet finance provider.
 




== See also ==
== See also ==
*[[Contract hire]]
* [[Arithmetic mean]]
* [[Coefficient of variation]]
*[[Expected cash flow]]
*[[Expected Loss]]
* [[Expected rate of return]]


[[Category:Corporate_finance]]
[[Category:The_business_context]]

Latest revision as of 18:34, 21 July 2022

Statistics.

In relation to forecasting, the average of all possible future results, weighted by the respective probabilities of each possible result.

For example, an Expected rate of return.


See also