College GPAs Can Range from 0

question 2

Multiple Choice

College GPAs can range from 0.00 to 4.00. Ben collects GPAs from a sample of students and calculates a standard deviation (s) of 6.13. This most likely implies ______.

• A) the distribution of GPAs is bimodal
• B) there is a great deal of variability in the GPAs of his sample
• C) he needs to check his calculations
• D) the distribution of GPAs is symmetrical

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Definitions:

Financial Accounting

The field of accounting focused on the preparation of financial statements for external users, such as investors and creditors.

Managerial Accounting

The field of accounting that focuses on providing information and analysis to managers within organizations to enable informed business decision-making.

Internal Users

Individuals or groups within an organization who use financial and other information to guide decision-making processes, such as management and employees.

External User

Individuals or entities outside of a company who use its financial information, such as investors, creditors, and regulatory agencies.