In the fall semester of 2009, the average Graduate Management Admission Test (GMAT) of the students at UTC was 500 with a standard deviation of 80. In the fall of 2010, the average GMAT was 560 with a standard deviation of 84. Which year's GMAT scores show a more dispersed distribution?
What will be an ideal response?
The coefficient of variation in 2009 = 16%.The coefficient of variation in 2010= 15%.Therefore, 2009 had a more dispersed distribution.
You might also like to view...
_____ is a logical process that involves evaluating the effectiveness of a message in relation to the needs of the audience and the purpose of the message
A) Drafting B) Evaluating C) Perfecting D) Revising E) Writer's block
Keep in mind that while many students use note cards, most professional speakers do not, preferring instead to use a ______ containing their memory joggers.
Fill in the blank(s) with the appropriate word(s).
For the month of January, Year 1, Ghent Corporation had a beginning balance of $103,200 in work in process. During the month, the company added the following costs to work in process: direct materials, $90,900; direct labor, $54,000; and manufacturing overhead, $81,000. The ending amount of work in process was $37,400. What was the cost of goods manufactured for the period? Prepare a schedule that shows the calculation of the cost of goods manufactured.
What will be an ideal response?
GPS Devices Inc. sponsors a "Finders Keepers!" contest in which Erwin and other entrants agree to race to certain locales to win small prizes and collect clues that lead to the "Grand Lost Treasure," which the first finder will be awarded. GPS reserves the right to cancel the contest or change its terms at any time. If Erwin challenges this reservation in court, the court will most likely hold that GPS can
A. cancel the contest or alter its terms at any time. B. not modify the terms of the contest after it begins. C. reduce the amount of the small prizes but not the grand prize. D. reduce the amount of the grand prize but not the small prizes.