Your answer is mean _____________________________________________________________
Mean is the average value of the data set. Mode is the number that appears the most Range is the difference between the greatest value and the lowest value in a data set.
Finding the mode is pretty useless because you can't do much with the score that you got the most.
Range isn't that helpful because it's the difference between your best and worst score.
Mean is best for summarizing because you have 1 number that's the average of the whole data set. ______________________________________________________________
Managerial accounting is the practice of identifying, measuring, analyzing, interpreting, and communicating financial information to managers for the pursuit of an organization's goals.
Financial accounting involves recording, summarizing, and reporting the stream of transactions and economic activity resulting from business operations over a period of time to the public or regulators.
Managerial accounting differs from financial accounting because the intended purpose of managerial accounting is to assist users internal to the company in making well-informed business decisions.
