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Mama L [17]
3 years ago
5

13. T F A high standard deviation generally means that the data points are widely

Business
1 answer:
Vladimir [108]3 years ago
4 0

Answer:

True.

Explanation:

Standard deviation can be defined as a quantity used to determine or measure how much a set of values differs from the mean value.

A high standard deviation generally means that the data points are widely scattered from the mean while a low standard deviation generally means that the data points are closely related to the mean or average value.

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3 years ago
What is an interest rate usually shown as?
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3 years ago
Database Systems is considering expansion into a new product line. Assets to support expansion will cost $750,000. It is estimat
Delvig [45]

Answer:

The net income is $150,500 and the return on assets is 20.06 %

Explanation:

The formula for computing net income and return on assets is shown below and the computation is also made.

Net income =  Sales revenue × Profit margin

                   = $2,150,000 × 7%

                   = $150,500

Return on assets = Net income ÷ total assets

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                            = 0.2006

                            = 20.06 %

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