Which of the Following Is NOT an Example of Descriptive

question 40

Multiple Choice

Which of the following is NOT an example of descriptive statistics?

• A) a histogram depicting the age distribution for 30 randomly selected students
• B) an estimate of the number of Alaska residents who have visited Canada
• C) a table summarizing the data collected in a sample of new-car buyers
• D) the proportion of mailed-out questionnaires that were returned

Recognize and differentiate between capital budgeting methods that consider and do not consider the time value of money.

Understand the definition and role of relevant costs in decision-making.

Identify and differentiate between types of costs and their relevance to managerial decisions.

Elucidate on the importance of forecasting future cash outlays in the context of relevant costs.