Which of the following measures is an indicator of how similar or dissimilar the numbers are in a set of responses?

A. Mode
B. Standard deviation
C. Median
D. Average
E. Mean


Answer: B

Business

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Sally's is a boutique bakery that specializes in cupcakes. Identify one method by which Sally's can conduct low-cost marketing research

What will be an ideal response?

Business

Unconventional sources of petroleum such as oil sands and shale are often grouped together and referred to as:

A. peak sources. B. new sources. C. nonrenewable hopes. D. heavy oil.

Business

Holding risk constant, the implementation of projects with a rate of return above the cost of capital will decrease the value of a firm, and vice versa

Indicate whether the statement is true or false

Business

Darrow Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the Corporation worked 10,000 direct labor-hours and incurred $80,000 of actual manufacturing overhead cost. If overhead was underapplied by $2,000, the predetermined overhead rate for the Corporation for the year must have been:

A. $7.80 per direct labor-hour B. $8.40 per direct labor-hour C. $8.20 per direct labor-hour D. $8.00 per direct labor-hour

Business