The Universal Pulp Company Has a Plant in Portland, Oregon

question 122

Multiple Choice

The Universal Pulp Company has a plant in Portland, Oregon.Management wants to determine the average number of sick days taken per worker in this plant in 2018.To do this, management gathers records on all the workers in the plant and averages the number of sick days taken in 2018 by each worker.This process is using _______.

• A)nonparametric statistics
• B)nominal data
• C)descriptive statistics
• D)inferential statistics
• E)a census

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Definitions:

Managerial Personnel

Employees who are responsible for making key decisions and overseeing the operations of a company, including executives and departmental managers.

Asset Revaluation Surplus

The increase in value of an asset, reflected on a company's financial statements, after it has been revalued to its current market value.

General Reserve

Funds set aside by a company from its profits for general unspecified future risks or obligations.