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borishaifa [10]
3 years ago
10

When should relative frequencies be used when comparing two data sets?

Business
1 answer:
ASHA 777 [7]3 years ago
5 0
The relative frequencies should be used in terms of comparing two data sets when you need to compare the data's class interval. This is being evaluated and use when two data sets are being compared and their interval is being computed and differentiated.
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Social surplus is maximized when all buyers with the reservations values ___________ than the market price are actually making p
nikklg [1K]

Answer:

highest-value; lowest-cost

Explanation:

Social surplus  can be define as the rate, amount of value or utility(which are welfare)  a society has gotten from goods and services consumption. It is not not like money or resource.

it is also referred  as economic surplus. it is  the summation of the sum of consumer surplus and producer surplus. The economic surplus is referred to as welfare package in full

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3 years ago
SCC Co. reported the following for the current year:
Juli2301 [7.4K]

Answer:

a. The inventory turnover is 8.00 times

b. The days’ sales in inventory is 68 days

Explanation:

a. In order to calculate the inventory turnover we would have to use the following formula:

inventory turnover=cost of goods sold/average inventory

inventory turnover=$ 48,800/($3,100+$ 9,100)/2

inventory turnover=8.00 times

b.  In order to calculate thedays’ sales in inventory we would have to use the following formula:

days’ sales in inventory=(Ending invenory/cost of goods sold)*365

days’ sales in inventory=($9,100/$48,800)*365

days’ sales in inventory=68 days

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3 years ago
Positive thinking leads towards more creative solutions because positive thinkers _______.
liberstina [14]
Are more optimistic.
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3 years ago
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A store that sells a huge variety of one type of product, such as books, in order to dominate the market for that product is cal
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Income Statement Sections During the current year, David Corporation sold a segment of its business at a gain of $210,000. Until
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Answer:

Answer is given below.

Explanation:

-Income from Continuing Operation                                  700000

-Discontinued Operations  

-Loss from operations of                                        60000

discontinued segment (75000*80%)  

-Gain on disposal of discontinued                         168000           108000

segment (210000*80%)

-Net Income                                                                             808000

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3 years ago
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