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Tju [1.3M]
3 years ago
6

The difference in a variable measured over observations (time, customers, items, etc.) is known as

Business
1 answer:
kolezko [41]3 years ago
5 0
<span>The difference in a variable measured over observations (time, customers, items, etc.) is known as the variance. 
</span><span>it is the measure of variability that utilizes all the data and it is calculated by
</span><span> taking the differences between each number and the mean,. Then these differences are squared in order to be positive. At the end the sum of the squares is divided by the number of values in the set.</span>
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Answer:

d. Revenue of $375

Explanation:

The amount paid by the Vetmed associates is an expense for associates

The amount received by statisticians is a revenue for them

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Mackie's income statement would include a revenue of:

= Amount paid to statisticians * % Received

= $1,500 * 25%

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3 years ago
Allocative efficiency occurs when the a. minimum of average total cost equals average revenueb. minimum of average total cost eq
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Answer: Allocative efficiency occurs when the<u><em> marginal cost equals the marginal benefit to society</em></u>

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3 years ago
Residual income is ____________.A. the difference between the net income the analyst expects the firm to generate and the requir
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Answer:

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Residual income measures an organisation's internal corporate performance by looking at the difference between the income geneated by the firm and the required minimum returns. It can be described as the excess of generated income over required earnings for the firm.

For personal Income, residual income represents the income an individual has left after deducting all personal expenses and all debts.

Based on the question, therefore, residual income will be the excess amount after a company's analysts' deduct the required earnings of the company from what the company generates.  

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