A local university administers a comprehensive examination to the recipients of a B.S. degree in Business Administration. A sample of examinations are selected at random and scored. The results are shown below.
Grade
93
65
80
97
85
87
97
60
For the above data, determine
a.The meanb.The medianc.The moded.The standard deviatione.The coefficient of variation
What will be an ideal response?
| a. | 83 |
| b. | 86 |
| c. | 97 |
| d. | 14.01 |
| e. | 16.88% |
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Keomuangtai Corporation produces and sells a single product. The company has provided its contribution format income statement for October. Sales (4,600 units)$266,800Variable expenses 179,400Contribution margin 87,400Fixed expenses 62,200Net operating income$25,200 If the company sells 4,500 units, its total contribution margin should be closest to:
A. $81,600 B. $87,400 C. $24,652 D. $85,500
If leadership has a low tolerance for ambiguity, the approval process is likely to be:
a. More rigorous b. More straightforward c. Quicker d. Lengthy
If you follow a variable ratio plan, it is assumed that you
A) cannot forecast future asset values. B) are engaging in a form of market timing. C) are planning for your future retirement. D) are trying to offset capital gains with capital losses.
Risk is the ________ about the return an investor expects to earn.
Fill in the blank(s) with the appropriate word(s).