Which of the Following Statements Is True Regarding the Data

question 231

Multiple Choice

Which of the following statements is true regarding the data set 8,8,8,8,and 8?

• A)The range equals 0.
• B)The standard deviation equals 0.
• C)The coefficient of variation equals 0.
• D)All of these choices are true.

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Definitions:

Retained Earnings

The portion of net income left over for a business after it has paid out dividends to its shareholders.

Acquisition Value

Acquisition Value is the total cost incurred to acquire an asset, including the purchase price and all related expenses.

Acquired Net Assets

The total assets purchased from a company during an acquisition minus the liabilities assumed in the process.

Equipment Account

An account on the balance sheet where the cost of purchasing equipment is recorded and progressively depreciated over time.