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SSSSS [86.1K]
2 years ago
10

What does standard deviation mean in psychology.

Advanced Placement (AP)
1 answer:
Semmy [17]2 years ago
6 0

Answer:                                                                                                                                                                                                                    

A measure of the variability that indicates the average difference between the scores and their mean.

Explanation:

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What happens to price lecel during supply shock​
Zigmanuir [339]

Explanation:

Supply shock occurs as a result of sudden increase or decrease in the supply of goods, commodities and/or services. In the short-run, the effect of supply shock brings about an increase in price level, shifting supply curve to the left.

7 0
3 years ago
Critically discuss the effectiveness of Cost-Volume-Profit analysis duly supported with empirical evidence.
AnnyKZ [126]

Answer:

Cost-volume-profit (CVP) can be used to determine how changes in costs and volume affect a company's operating income and net income.  CVP analysis requires that all the company's costs, including manufacturing, selling, and administrative costs, be identified as either variable or fixed.

A CVP analysis consists of five basic components that include: volume or level of activity, unit selling price, variable cost per unit, total fixed cost, and sales mix.

From the cost-volume-profit analysis, one can determine the sales quantity needed to break even as well as the sales quantity required to earn a desired profit margin .

For instance, given a fixed costs of $4,000 and contribution margin of $20, it becomes possible to determine the volume of sales in order for the entity to break-even (make no profit or loss).  The break-even point = $4,000/$20 = 200.  This implies that if the entity can sell 200 units with the current level of fixed and variable costs, and selling price, it can make no profit or loss.  If more quantity is sold, then the entity can record some profit, and vice versa.  Management can use the information provided to decide if production of a product or service can be continued or discontinued if it meets or does not meet the profit goal.

But, the CVP analysis is not always accurate.  CVP analysis technique assumes that all costs in the company are completely fixed or completely variable.  Fixed costs are costs that do not change with changes in production, such as rent or insurance costs.   They are not always completely fixed as they may change periodically, then exhibiting a step fixed costs nature, though in the long run, all costs are variable.

Another issue with CVP analysis is that it is a short run, marginal analysis: it assumes that unit variable costs and unit revenues are constant, which is appropriate for small deviations from current production and sales, and assumes a neat division between fixed costs and variable costs.

Explanation:

Cost-volume-profit (CVP) analysis is a managerial accounting technique to determine how changes in costs and volume affect a company's operating income and net income.

5 0
3 years ago
According to the nebular theory, the planets formed from a process called . After our protosun formed, remaining dust and gas fr
pashok25 [27]

Answer:

According to the nebular theory, the planets formed from a process called <u>accretion</u>.

Explanation:

The nebular theory is a theory that explains the formation of solar systems. After the formation and growth of the proto-star, the gases and dust in the nebula form a disk and spiral quickly around its center under the influence of its gravitation. This long and destructive process ends with the formation of planets, characteristics of which depend on their distance from the star. The term from astrophysics referring to this way of planet formation is <em>accretion</em>. Planets are not only astronomical objects created by accretion processes but galaxies and stars as well.

4 0
3 years ago
What is <br> Sociological perspective
nikdorinn [45]
The sociological perspective is a perspective on human behavior and its connection to society as a whole. It invites us to look for the connections between the behavior of individual people and the structures of the society in which they live. Typically, we tend to think of our society as just natural.
5 0
3 years ago
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? REF02 - Post Test
xxMikexx [17]

Answer:

p180

Explanation:

i took the test and got it right

5 0
3 years ago
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