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
Finger [1]
3 years ago
12

What is the importance of the variation in statistics?

Business
1 answer:
DanielleElmas [232]3 years ago
8 0
It is a measure of statistical dispersion. Variance also describes the way numbers fluctuate around the mean.
You might be interested in
Assume that Luxland and Leanderland specialize and trade in a way that is advantageous for bothof them. Explain what will happen
katen-ka-za [31]

Question Completion:

Production outputs

                    Luxland    Leanderland

Chips                10                4

Pretzels            10                8

Total output    20               12

Answer:

Assuming that Luxland and Leanderland specialize and trade in a way that is advantageous for both of them, the number of pretzels that Leanderland can produce will be 16.

Explanation:

a) Data and Calculations:

Specialization Output:

                    Luxland    Leanderland

Chips                20                0

Pretzels              0                16

Total output     20                16

b) While it is acknowledged that Luxland has absolute advantage in the production of both chips and pretzels when compared to Leanderland, the total output for both economies, without specialization, remains 32 units (of both chips and pretzels).  When they specialize, Leanderland's output increases to 16 units from 12.  This results in total output of 36 units instead of 32 for both economies.

8 0
2 years ago
In order to build large production units and expedite certain routine government actions related to this, Scorpius Inc. made leg
const2013 [10]

Answer:

b. speed money

Explanation:

Speed money -

It refers to the amount of money provided in order to increases the time period of any process or task , is referred to as speed money .

It is also known as grease payments .

It is different from the bribe , as bribe is given in order to approve the activity or task .

But speed money is used to hasten the time period .

Hence , from the given question ,

The correct answer is speed money .

3 0
2 years ago
Forward Fuels is a chemicals manufacturer with a large research and development team searching for new alternatives to gasoline.
ivanzaharov [21]

The OSHA regulations should still be followed. Failure to do so will expose the company to fees, penalties, and potential legal vulnerabilities.

6 0
3 years ago
Assessment
faust18 [17]

Answer:

false cause people they alr on the stock market

6 0
3 years ago
A _____ orientation explicitly invokes the concept of value such as when a firm uses a no-haggle pricing structure to make the p
PolarNik [594]

Answer:

Customer orientation

Explanation:

Customer orientation is described as a strategy to revenues and customer relationships in which employees focus on developing customers encounter their brief-term needs and desires. Here, management and staff align their physical and technical goals with customer satisfaction and retention.

Customer orientation is crucial to the gratification of a customer. Analysis into customer needs and satisfaction can improve your organization's customer orientation.

5 0
2 years ago
Other questions:
  • 3) Drew receives an inheritance that pays him $54,000 every three months for the next two years. Which of the following is close
    6·1 answer
  • Overhead expenses are budgeted at $2,000 per month. Included in the $2,000 are $500 of monthly depreciation expense and $200 of
    11·1 answer
  • Baine lived in Bristol Harbor, a resort area on the Atlantic coast. She entered into a written agreement to sell her daily catch
    14·1 answer
  • The_______of the strategic sourcing process, which is sometimes kicked off in response to an entirely new need within an organiz
    10·1 answer
  • Swifty Corporation issued 3,100 5%, 5-year, $1,000 bonds dated January 1, 2017, at face value. Interest is paid each January 1.
    11·1 answer
  • A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's una
    14·1 answer
  • On January​ 1, 2024, Tyson Manufacturing Company purchased a machine for $41,100,000. ​Tyson's management expects to use the mac
    5·1 answer
  • Suppose that the reason the jewelry was brand new and at such a bargain price online was because the seller actually stole the j
    9·2 answers
  • Suppose Mike wants to pay efficiency wages to help in the construction of his beach home. If the prevailing wage rate for electr
    11·1 answer
  • When Walmart pressured its vendors to supply it with environmentally friendly merchandise with labels to prove it, this effort m
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!