Gloria Company had no beginning work in process. During the period, 16000 units were completed, and there were 1200 units of end
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Answer:
Step wise detailed solution is given in the attached diagram
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Answer:
Inferential statistics
Descriptive statistics
inferential statistics
descriptive statistics
Descriptive statistics
Inferential statistics
Explanation:
Descriptive statistics describes data and gives us a picture of what the data summary looks like using such things as mean and central tendency measures. Inferential statistics on the other hand aims to make predictions using the data based on data analysis such as collecting sample from population and constructing hypotheses to estimate outcomes for the general population. Example in the question, the first is inferential statistics as we make generalized predictions on batteries using data samples from the population of batteries of a particular type.
