Question
In: Statistics and Probability
Which of the following is correct? Select one: a. The data set 100, 200, 300 has...
Which of the following is correct? Select one:
a. The data set 100, 200, 300 has the same variance as the data set 150, 250, 350.
b. If two data sets have the same range, both sets will have the same interquartile range.
c. Pie and bar charts are graphical techniques for nominal data. The former focuses the attention on the frequency of the occurrences of each category, and the latter emphasizes the proportion of occurrences of each category
d. For a negatively skewed distribution, mean ≥ median ≥ mode. e. None of the suggested answers are correct.
Solutions
orchestra answered 1 year agoRelated Solutions
47. Which of the following statements are correct? Select which option is correct. Select one or...
47. Which of the following statements are correct?
Select which option is correct.
Select one or more:
The level of professional skepticism can be reduced where the
auditor has past experience with the entity indicating the honesty
and integrity of management.
The level of professional skepticism needs to be maintained
throughout the whole engagement.
Professional skepticism implies an expectation of fraud or
error, so is a biased viewpoint.
Professional skepticism is not important in considering
management's explanations for unusual trends...
Which of the following is correct? Select one: a. Qualitative data is generally non-numerical information b....
Which of the following is correct?
Select one:
a. Qualitative data is generally non-numerical information
b. Information can only be extracted from external sources
c. Operational information gives details of long-term plans
only
W. Ltd makes leather purses. It has drawn up the following
budget for its next financial period:
Selling price per
unit
$11.60
Variable production cost per
unit
$3.40
Sales
Commission
$5% of selling price
Fixed production
costs
$430,500
Fixed selling and administration
cost
$198,150
Sales
90,000...
Which of the following statements are correct (Select all that apply): Select one or more: A....
Which of the following statements are correct (Select all
that apply):
Select one or more:
A. An income statement reports on financing activities.
B. A balance sheet reports on investing and financing
activities.
C. The statement of cash flows reports on cash flows from
operating, investing, and financing activities over a period of
time.
D. A balance sheet reports on a company's assets and liabilities
over a period of time.
E. The statement of equity reports on changes in the...
Which of the following statements are correct (Select all that apply): Select one or more: A....
Which of the following statements are correct (Select all that
apply): Select one or more: A. A balance sheet reports on investing
and financing activities. B. An income statement reports on
financing activities. C. The statement of equity reports on changes
in the accounts that make up equity. D. The statement of cash flows
reports on cash flows from operating, investing, and financing
activities over a period of time. E. A balance sheet reports on a
company's assets and liabilities...
Which of the following statements is correct? Select one: a. A line of credit is an...
Which of the following statements is correct?
Select one:
a. A line of credit is an agreement between a bank and a
customer under which the bank guarantees the customer a fixed
dollar amount of loan.
b. Banks issue commercial paper for raising funds for long
periods
c. Securitisation of loans reduces banks’ capital
requirements.
d. The principal source of funds for banks is through the issue
of debt securities.
Which of the following is correct in the cases of the Option contracts? Select one: a....
Which of the following is correct in the cases of the Option
contracts? Select one:
a. None of these
b. Option buyer’s gains can be limited
c. Option writer’s losses can be unlimited
d. Option writer’s gains can be unlimited
e. Option buyer’s losses can be unlimited
For the following, the data set has a mean of ? = 100 and a standard...
For the following, the data set has a mean of ? = 100 and a
standard deviation of ? = 20. Find the following areas
under the curve for the region that is:
1) Less than 100
2) Greater than 160
For the following, scores on a psychology exam were normally
distributed with a mean of 67 and a standard deviation of 8. Find
the following:
1) What percentage of scores were below 83?
2) If 500 students took the...
When a home currency depreciates, which one of the following is NOT correct? Select one: a....
When a home currency depreciates, which one of the following is
NOT correct?
Select one:
a. home exporters have more advantages than home importers
b. home importers have more advantages since it takes more home
currency to buy the foreign currency
c. a foreign currency is more valuable than the home
currency
d. the home currency has less purchasing power in the world
trade markets
Which one of the following is NOT correct for biophysical system? Select one: a. Biophysical systems...
Which one of the following is NOT correct for
biophysical system?
Select one:
a. Biophysical systems can neither create nor destroy
energy.
b. Will reach thermal equilibrium during their lifetime
c. Biophysical processes removed from equilibrium will produce
an increase in entropy.
d. When biophysical systems, including physiological ones, have
an increase in energy produced by ordering the local environment,
there must be a greater decrease in energy in the energy of the
universe
e. Biophysical systems in living organisms...
Which of the following statements about risk management is correct? Select one: a. risk management has...
Which of the following statements about risk management is
correct?
Select one:
a. risk management has an anti-insurance bias and seeks to
minimize the use of insurance in dealing with risk.
b. risk management is concerned primarily with the risk
problems of giant corporations.
c. risk management has relevance for organizations of all
sizes.
d. risk management is a function of business and as such has
little relevance for the individual.
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