The ____ is calculated by ordering all of your data from lowest value to highest value and selecting the middle one.

A. median
B. arithmetic mean
C. mode
D. standard deviation


Answer: A

Business

You might also like to view...

Everglades Furniture uses a process cost system to account for its chair factory. Beginning inventory consisted of 5,000 units (100% complete as to material, 55% complete as to labor) with a cost of $124,800 materials and $104,500 conversion. 58,000 units were started into production during the month with material costs of $1,537,000 and $2,124,375 of conversion costs. The ending inventory of 6,000 chairs was 100% complete as to materials and 40% complete as to labor. Everglades uses first-in, first-out (FIFO) costing.Required: (use 4 decimal places in your calculations)a. Compute the equivalent units of production for each input.b. Compute the cost per equivalent unit.c. Compute the cost transferred out to finished goods.d. Compute the ending work-in-process inventory balance.

What will be an ideal response?

Business

Which of the following is an example of the statement ‘one cannot not communicate’?

a. A girlfriend giving her boyfriend the silent treatment because he did not call her b. A work friend not calling you to invite you out with the ‘gang’ on Saturday night c. A boss ignoring your presence in a team meeting d. All of the above

Business

Generation Y is sometimes referred to as

A. echo-boomers. B. baby busters. C. baby boomers. D. Generation 25. E. the downtrodden generation.

Business

A company that personalizes service by tailoring product information for individual customers in order to provide an exceptional, personalized shopping experience is practicing

A. geofencing. B. data mining. C. empowerment. D. collaborative filtering. E. clientelling.

Business