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stira [4]
3 years ago
14

If you decide to buy one of these​ TVs, what statistic is most​ relevant, other than the measures of central​ tendency? Choose t

he best answer below.
A. The lowest price is a relevant statistic for someone planning to buy one of the TVs.

B. The highest price is a relevant statistic for someone planning to buy one of the TVs.

C. The difference between the lowest price and the highest price is a relevant statistic for someone planning to buy one of the TVs.

D. The price that occurs least frequently is a relevant statistic for someone planning to buy one of the TV

Business
1 answer:
kupik [55]3 years ago
4 0

Answer:

A. The lowest price is a relevant statistic for someone planning to buy one of the TVs.

Explanation:

The measures of central tendency refers to the measurement of data by considering the mean, median and mode so that it could estimate the sample data based on this measures

In order to decide to buy one of these TV the statistic that is should be considered and ignore the central tendancy measures is the price that is lesser to buy one of the TVs.

hence, the correct option is A.

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Suppose individuals wish to obtain the most accurate comparison of living standards between the US and Saudi Arabia. To do so, o
valina [46]

Answer:

Purchasing power parity methods

Explanation:

Purchasing power parity (PPP) method compares the productivity and the standards of living between countries by using the 'basket of goods approach'.   The basket approach implies a determination of the quantity of money needed to purchase a common unit(basket) of goods and services in different countries.  Two countries will be said to be at par if a 'basket of goods' costs the same considering the exchange rates.

Cost of living and the inflation rate in a country determine the purchasing power of its currency. Purchasing power parity attempts to equalize different currencies by considering inflation and purchasing power in each country.

7 0
3 years ago
Are there any true communist economies today? Which economies call themselves communist, and what are they actually, if not comm
Stels [109]

Hey!! Glad I can help!!!

Answer:

Today, the existing communist states in the world are in China, Cuba, Laos and Vietnam. These communist states often do not claim to have achieved socialism or communism in their countries, but to be building and working toward the establishment of socialism in their countries.

If satisfied leave a review and feel free too give me brainiest :D

5 0
3 years ago
__________is inventory that results from purchasing or producing in larger lots than are needed for immediate consumption or sal
mr_godi [17]
C because I did a test that had that question
5 0
3 years ago
Pollyanna Publishing, a textbook publishing firm, purchased a new machine for $80,000. This machine is expected to operate for 1
emmainna [20.7K]

Answer:

A.

The first year’s Depreciation Expense: $14,400

The second year’s depreciation expense: $11,520

B.

The first year’s Depreciation Expense = The second year’s depreciation expense = $7,200

Explanation:

A. Under the straight-line method, useful life is 10 years, so the asset's annual depreciation will be 10% of the Depreciable cost.

Depreciable cost = Total asset cost - salvage value =  $80,000-$8,000 = $72,000

Under the double-declining-balance method the 10% straight line rate is doubled to 20% - multiplied times the Depreciable cost's book value at the beginning of the year.

In the first year, depreciation expense = 20% x $72,000  = $14,400

At the beginning of the second year, the Depreciable cost's book value is $72,000 -$14,400 = $57,600

In the second year, depreciation expense = 20% x $57,600  = $11,520

B.

The company uses straight-line depreciation, Depreciation Expense each year is calculated by following formula:  

Depreciation Expense = (Cost of machine − salvage value)/Useful Life = ($80,000-$8,000)/10 = $7,200

The first year’s Depreciation Expense = The second year’s depreciation expense = $7,200

7 0
3 years ago
_____ deals with the mature market and is based on the theory that people change their outlook on life when they experience majo
jeka94

Answer:

The correct answer is letter "B": Gerontographics.

Explanation:

Gerontographics refers to the study of elders according to their physical health. Gerontographics also considers old people's mental outlook. The information collected thanks to Gerontographics is used in the health industry. Gerontographics classify elders in four (4) groups: <em>healthy indulgers, ailing outgoers, frail recluses, </em>and <em>healthy hermits.</em>

4 0
3 years ago
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