Use the Following to Answer Questions

question 15

Short Answer

Use the following to answer questions :
The times (in minutes)taken by a sample of nine students to complete a statistics test are:
52 47 57 33 39 43 52 41 36
-The standard deviation of these times,rounded to three decimal places,is:

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Definitions:

Income Statement Accounts

Accounts that reflect the income, expenses, gains, and losses of a business over a period of time.

IFRS

International Financial Reporting Standards, a set of global accounting guidelines that provide a common language for business affairs so that company accounts are understandable and comparable across international boundaries.

Direct Method

In cash flow reporting, a method that lists the major categories of gross cash receipts and gross cash payments.

Indirect Method

A technique used in cash flow statement preparation that adjusts net income for the changes in balance sheet accounts to arrive at the cash flow from operating activities.