The population change between 2000 and 2010 for several small cities are shown below.
CityPopulation Change(number of residents)
Chattanooga3083
Collegedale1466
East Ridge -461
Lakeside1113
Ridgeside -11
Signal Mountain 395
Soddy-Daisy3290
Walden 437
For the above sample, determine the following measures.
a.The meanb.The standard deviationc.The median
What will be an ideal response?
| a. | 1,164 |
| b. | 1,385.51 |
| c. | 775 |
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Answer the following statement true (T) or false (F)
Venazio Products uses a standard costing system to assist in the evaluation of operations. The company has had considerable employee difficulties in recent months, so much so that management has hired a new production supervisor (Ralph Moreno). Moreno has been on the job for six months and has seemingly brought order to an otherwise chaotic situation.The vice-president of manufacturing recently commented that "Moreno has really done the trick. Ralph's team-building/morale-boosting exercises have truly brought things under control." The vice-president's comments were based on both a plant tour, where he observed a contented work force, and review of a performance report that showed a total labor variance of $14,000F. This variance is truly outstanding, given that it is less than 2% of the
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Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
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