What is the cost per unit called

2 answers:

4 0

A unit cost is the total expenditure incurred by a company to produce, store and sell one unit of a particular product or service. Unit costs include all fixed costs, or overhead costs, and all variable costs, or direct material costs and direct labor costs, involved in production.

zavuch27 [327]2 years ago

4 0

I Think it's called rate

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g You are planning an opinion study and are considering taking an SRS of either 200 or 600 people. Explain how the sampling dist

Katen [24]

Answer:

By the Central Limit Theorem, both would be approximately normal and have the same mean. The difference is in the standard deviation, since as the sample size increases, the standard deviation decreases. So the SRS of 600 would have a smaller standard deviation than the SRS of 200.

Step-by-step explanation:

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean $\mu$ and standard deviation $\sigma$ , the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean $\mu$ and standard deviation $s = \frac{\sigma}{\sqrt{n}}$ .