In computing descriptive statistics from grouped data,
a. data values are treated as if they occur at the midpoint of a class
b. the grouped data result is more accurate than the ungrouped result
c. the grouped data computations are used only when a population is being analyzed
d. None of these alternatives is correct.
A
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On January 1, 2016, Stacie signed a lease agreement with Amy. Amy will use the equipment and make ten annual payments of $25,000 beginning December 31, 2016. The lease is considered to be a capital lease. When reading the Amy income statement, you would expect to find which of the following accounts?
A) Rent Revenue B) Interest Revenue C) Rental Expense D) Interest Expense
________ are defined as contracts in which the only choice for one of the parties is between agreeing to the terms dictated by the other party or not contracting at all.
A. Aleatory contracts B. Contracts of expression C. Bilateral contracts D. Contracts of adhesion
A trial balance is normally prepared at the end of each business day
Indicate whether the statement is true or false
The legal ____ were filed by the assistant district attorney on Friday
A) briefs B) brief's C) briefs'