Use the Information Below to Answer the Following Questions

question 14

Multiple Choice

Use the information below to answer the following questions.
The accountant from Trigg Traders examined the following report:
Income statement (extract) for year ended 31 December 2016 The accountant of Trigg Traders estimated that the quantity of sales would double in 2017 and the unit cost would increase to
$25.
-Refer to the table above. The projected gross profit for 2017 will be:

• A) $100,000
• B) $10,000
• C) $120,000
• D) $110,000

Understand the basic statistical terms and symbols related to descriptive statistics.

Identify and calculate measures of central tendency (mean, median, mode).

Understand and calculate measures of dispersion (range, variance, standard deviation).

Distinguish and calculate the position and spread measures (quartiles, midrange, interquartile range).

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Definitions:

Precapillary Sphincters

Circular muscular valves located at the entrance of capillaries, regulating blood flow into the capillary beds according to the body's needs.

Tunica Media

Middle, usually muscular, coat of an artery or another tubular structure.

Capillary Beds

Networks of capillaries, the smallest blood vessels, that facilitate the exchange of water, oxygen, carbon dioxide, and many other nutrients and waste substances between blood and tissues.

Precapillary Sphincters

Circular muscular valves located at the entrance of capillary beds, controlling blood flow into those beds.