1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Travka [436]
2 years ago
6

Scrapper Elevator Company has 20 sales representatives who sell its product throughout the United States and Canada. The number

of units sold last month by each representative is listed below. Assume these sales figures to be the population values. 2 3 2 3 3 4 2 4 3 2 2 7 3 4 5 3 3 3 3 5
Business
1 answer:
dezoksy [38]2 years ago
3 0

The mean ls the average of a distribution obtained by taking the ratio of the sum and the frequency. The mean and standard deviation values of the distribution are 3.30 and 1.26 respectively.

We know,

  • Mean, μ = ΣX/ n
  • Standard deviation = √variance

To calculate mean and variance :-

X = 2,3,2,3,3,4,2,4,3,2,2,7,3,4,5,3,3,3,3,5

  • ΣX = sum of X = 66
  • n = sample size = 20

As, Mean = sum of x / sample size

66 / 20 = 3.3

Mean = 3.3

The variance = [Σ(X - μ)²] ÷ (n - 1)

Variance = [Σ(X - μ)²] ÷ (n - 1)

= (30.2) / 19 = 1.589

The standard deviation = √variance

= √1.589

= 1.26

Standard deviation =  1.26

Therefore,

The mean and standard deviation values are 3.3 and 1.26.

To know more about mean and standard deviation, click the links.

brainly.com/question/475676

brainly.com/question/4514629

#SPJ4

Correct Question - Scrapper Elevator Company has 20 sales representatives who sell its product throughout the United States and Canada. The number of units sold last month by each representative is listed below. Assume these sales figures to be the population values. 2,3,2,3,3,4,2,4,3,2,2,7,3,4,5,3,3,3,3,51. Compute the mean of the population.2. Compute the standard deviation.3. what would be the mean of the sample means?4. what would be the standard deviation of the sample means?

You might be interested in
Poseidon Marine Stores Company manufactures special metallic materials and decorative fittings for luxury yachts that require hi
DENIUS [597]

Answer:

The company paid a lower cost per hour for labor than allowed by the standards.

Explanation:

<em>The labour cost variance is the difference between the standard labour cost allowed for the actual hours worked and the actual labor cost for the same hours</em>

<em>The labour cost variance compares the actual cost  and the standard cost for the actual labour hours paid for.</em>

Hence , Poseidon Marine Stores Company would have paid a sum for labour cost which is lower than the standard cost.

The company paid a lower cost per hour for labor than allowed by the standards.

3 0
4 years ago
Companies support the adoption of international financial reporting standards because
I am Lyosha [343]
<h2>IFRS brings transparency, accountability and efficiency to finanacial market across the globe.</h2>

Explanation:

IFRS - International Financial Reporting Standards

Transparency:

  • Done by enhancing the

            a) international comparability

             b) quality of financial information,

  • enabling investors to make "economic decisions"

Accountability:

  • It strengthens this aspect by reducing the information gaps

Efficiency:

  • Helps investors to identify market opportunities
  • Alert about the risks across the world
  • lowers the Capital cost
3 0
4 years ago
An economy produces computer chips and fish. In 2014, one pound of fish costs $10, a computer chip costs $10, and the economy pr
vesna_86 [32]

Answer:

Real GDP (2014 price) = $ 250

Explanation:

GDP is the total value (PxQ) of goods & services, produced by an economy during a period of time. Real GDP is the value at constant base year prices.

Given [2015] : Fish Quantity =  5 , Computer Chip Quantity =  20

Base Year [2014] price : Fish = $10 , Computer Chip = $10

2015 Real GDP at 2014 base year price = Price 2014 x Quantity 2015

= (Fish PXQ) + (Computer Chip PXQ)

= (10 x 5) + (10 x 20)

= 50 + 200

= $ 250

3 0
3 years ago
Which of these careers requires several years of school beyond a four-year degree?
IceJOKER [234]
I'm not sure, but I think that it is D. Lawyer
5 0
3 years ago
Currie Company borrowed $13,000 from Sierra Bank by issuing a 10% three-year note. Currie agreed to repay the principal and inte
Luda [366]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
7 0
4 years ago
Other questions:
  • in the U.S. cash takes which forms? bills and coins /bonds and treasuries /dollars and Euros/reserves and treasuries
    14·1 answer
  • Why must a signature card be filled out and signed to open a checking account?
    5·1 answer
  • Which term best represents the results of many years of experimental evidence?
    13·1 answer
  • What is an observational​ study?
    15·1 answer
  • The following information applies to the questions displayed below During April, the production department of a process manufact
    11·1 answer
  • Charisma, Inc., has debt outstanding with a face value of $5.5 million. The value of the firm if it were entirely financed by eq
    9·1 answer
  • Explain how the competitive labor market functioned before the buyout of the independent farms. How was the wage rate and quanti
    11·1 answer
  • an organization is gathering, recording, and analyzing data about its target market. this activity is known as
    15·1 answer
  • Terry, Inc., makes gasoline storage tanks. All production is done under contract. The company makes three basic models, but each
    5·2 answers
  • A stock has a correlation with the market of 0.64. The standard deviation of the market is 30%, and the standard deviation of th
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!