When N-1 Is Used in the Denominator to Compute Variance

question 94

Multiple Choice

When n-1 is used in the denominator to compute variance,

• A) the data set is a sample.
• B) the data set is a population.
• C) the data set could be either a sample or a population.
• D) the data set is from a census.

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Definitions:

Marketability

The ease with which a product can be sold or a security can be bought or sold in the market without affecting its price.

Profitability

An indicator of how profitable a company is relative to its total assets, demonstrating the efficiency with which a company can generate profit from its operations.

Receivables Turnover Ratio

A financial metric that measures how efficiently a company collects on the credit it extends to customers by comparing net credit sales to average accounts receivable.

Profit Margin

The percentage of revenue that remains as profit after all expenses are deducted from sales.