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360/15=24 degree's
The answer to the question is A
Answer:
The mean would be $322,343 and the median would be $196,723.
Step-by-step explanation:
Since the distribution of individual incomes is skewed to the right, it means that the distribution has a long right tail.
Drawing a distribution with this characteristic, we can see how the majority of the data falls into the left side of the graphic, meaning that a lot of people receive less income. Following this reasoning, the mean which is the amount of the data (in this case individual income) divided by the amount of people, would be the higher number, meaning that the few people who earn more money would influence in making this number higher.
Following this reasoning, the median (which is not influenced by this difference) would be the less high number.
Answer:
The answer is True.
Step-by-step explanation:
Sales variance is computed in same manner as cost variance that is computing both price and volume variance. However interpretation of end result will not be same. For example in material price variance if
A = actual purchase price = $ 4, B = standard purchase price= $ 5 and Qt= quantity purchased = 500 units then
Material price varaince = 500 (5-4) = 500,
This gives us favourable price variance of 500 dollars. However in sales price variance if
A = actual sales price = $ 4, B = standard sale price= $ 5 and Qt= quantity sold = 500 units then
Sale price varaince = 500 (5-4) = (500)
This gives us unfavourable sales price variance of 500 dollars.
This show that formulas to compute variances are same but sale price decrease give us un favorable variance and cost price decrease gives us favorable price variance and vice versa.