Hours Worked Per Week ​ the Following Data Represent the Hours

question 41

Short Answer

Hours Worked per Week ​ The following data represent the hours worked per week of a sample of 25 employees from a government department: 31,43,56,23,49,42,33,61,44,28,48,38,44,35,40,64,52,42,47,39,53, 27,36,35,and 20. ​ ​
-{Hours Worked per Week Narrative} Find the modal hours.

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Definitions:

NPV

An evaluation method used to assess the profitability of an investment by calculating the difference between its current cash inflows and outflows, discounted to their present values.

IRR

Internal Rate of Return represents a financial measure for assessing the potential profitability of investments.

Marginal Cost

The cost added by producing one additional unit of a product or service.