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Leviafan [203]
3 years ago
8

What is the median of the question i am very confused and do not know how to solve it????

Mathematics
1 answer:
alexira [117]3 years ago
5 0

Answer:

The medians where you put all the numbers you're given in order from least to greatest and pick the middle number

Step-by-step explanation:

5, 4, 3, 2, 1

Least to greatest:

1, 2, 3, 4, 5

Pick Middle.

Answer: 3

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Step-by-step explanation:

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3 years ago
The three methods used to classify costs into their fixed and variable components includes:_____.
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Answer:

a. high-low method.

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Step-by-step explanation:

Costing is a measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

Fixed cost can be defined as predetermined expenses in a business that remain constant for a specific period of time regardless of the quantity of production or level of outputs. Some examples of fixed costs in business are loan payments, employee salary, depreciation, rent, insurance, lease, utilities etc.

On the other hand, variable costs can be defined as expenses that are not constant and as such usually change directly and are proportional to various changes in business activities. Some examples of variable costs are taxes, direct labor, sales commissions, raw materials, operational expenses etc.

In Financial accounting, the three methods used to classify costs into their fixed and variable components includes high-low method, scatter diagrams and least-squares regression.

The high-low method is a quick and easy way to estimate costs by using historical accounting information from a range of reporting periods.

A scatter diagram (scattergraph) estimate costs by considering all the data points and not just the lowest or highest point.

A least squares regression line is a standard technique in regression analysis used to make the vertical distance obtained from the data points running to the regression line to become very minimal or as small as possible.

Generally, the sum of the residuals of a least squares regression line is always equal to zero.

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3 years ago
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2 years ago
13. Suppose the probability of passing a driving test is 65%. (a) On a certain afternoon 15 people are tested. (i) What is the e
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