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
ankoles [38]
4 years ago
8

According to the U.S. Census Bureau’s Current Population Survey, the mean and median 2014 income of people aged 25 – 34 years wh

o had a bachelor’s degree but no higher degree were $ 44,167 and $ 51,754. Which of these numbers is mean and which is the median? Explain. A. The median is $51,754 and the mean is $44,167. This is because economic variables which pulls the median above the mean. B. The mean is $51,754 and the median is $44,167. This is because economic variables are usually skewed to the right, which pulls the mean above the median. C. The median is $51,754 and the mean is $44,167. This is because economic variables are usually skewed to the right, which pulls the median above the mean. D. The mean is $51,754 and the median is $44,167. This is because economic variables are are usually skewed to the left, usually skewed to the left, which pulls the mean above the median.
Business
1 answer:
juin [17]4 years ago
4 0

Answer:

B. The mean is $51,754 and the median is $44,167. This is because economic variables are usually skewed to the right, which pulls the mean above the median.

Explanation:

The mean income of $51,754 obtained from the 2014 income of people aged 25 - 34 years with only a bachelor's degree is the average incomes.  It is obtained by adding all the incomes in the data set and then dividing by the number of values in the set. The median of $44,167 is the middle value when this data set is ordered from least to greatest while the mode is the number that occurs most often in the data set.

You might be interested in
Whats a good way to make more money from $9.00,
Ymorist [56]
Your answer: work more hours
7 0
3 years ago
When Max was hired to work in the warehouse of the automobile manufacturing facility, he was told that while he didn't have to j
zimovet [89]

Answer:

The answer is: Union shop

Explanation:

Union shop refers to an agreement between a company and a labor union making it mandatory that all employees must belong to the labor union or if they are hired recently, they must join the union within a certain period of time.

In this case the time given to Max was 8 weeks for him to join the union or he would not be able to work there.

5 0
3 years ago
Journalize the following transactions for Reed Company. Assume a perpetual inventory system. Also, assume a constant gross profi
igor_vitrenko [27]

Answer:

The Journal entries are as follows:

(i) On April 6,

Cash A/c Dr. $5,000

To Sales                     $5,000

(To record the cash sales )

(ii) On April 6,

Cost of goods sold A/c Dr. $3,000

To merchandise inventory               $3,000

(To record the cost of goods sold)

(iii) On April 12,

Sales return and Allowances A/c Dr. $630

To cash                                                          $630

(To record the sales return)

(iv) On April 12,

merchandise inventory A/c[(630 ÷ 5,000) × 3,000] Dr. $378

To cost of goods sold                                                                     $378

(To record the cost of sales return and allowances

4 0
3 years ago
The time for the current iteration is up and one of the features isn't complete. What do you do?
VARVARA [1.3K]

Answer:

Stop working and add the incomplete feature back into the backlog.

Explanation:

In case a task could not be completed in the current iteration, it is best to add it to the backlog, so that in subsequent iterations it will be completed (giving it priority, of course).  

Of course, it is not convenient to extend the iteration time just to finish the incomplete task. Also, we should not add it directly to the next iteration because we would be altering its structure. So the most appropriate thing to do, is to leave it marked as a priority to be included in the next iterations.

5 0
3 years ago
______________________ argues that the productivity of workers will increase if they are paid more, and so employers will often
kifflom [539]

Answer: Efficiency wage theory

Explanation:

 The efficiency wage theory is refers to the labor economics that argues about the wages fir the labor or workers in the market.

The main aim of the efficient wage theory is that it helps in increase the efficiency and the labor productivity by reducing the cost of the turnover in industries.

This theory is mainly developed by the Alfred Marshall as they denote the wages per unit labor efficiency.  Therefore, the efficiency wage theory is the correct answer.

7 0
3 years ago
Other questions:
  • On January 1, 2018, Jolley Corp. paid $250,000 for 25% of the voting common stock of Tige Co. On that date, the book value of Ti
    5·1 answer
  • Jason rents rooms in his hotel for an average of $100 per night. the variable cost per rented room is $20. his fixed costs are $
    7·1 answer
  • My answer b am I right
    7·1 answer
  • Roland and Quan are both on the staff of a car dealership. Roland is always asking colleagues to cover his shifts, but he never
    12·1 answer
  • Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets Curre
    15·1 answer
  • One potential drawback of just-in-time (jit) production is that
    13·1 answer
  • "It is ethical for a firm to have a policy to sell goods or services to people who cannot afford them or to people who should no
    13·1 answer
  • Tayahin
    8·1 answer
  • Jake Olsen has decided to put $1,000 in the bank. List several questions Jake might want to ask before ch whether to put the mon
    9·1 answer
  • Research demonstrates that companies with_______________________________ have higher returns on sales, investments, assets, and
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!