At a Certain Excavation Site, Archaeological Studies Have Used the Method

question 38

Multiple Choice

At a certain excavation site, archaeological studies have used the method of tree-ring dating in an effort to determine when people lived in there. Wood from several excavations gave a mean of (year) 899 with a standard deviation of 38 years. The distribution of dates was more or less mound-shaped and symmetrical about the mean. Use the empirical rule to estimate a range of years centered about the mean in which about 68.3% of the data (tree-ring dates) will be found.

• A)from 975 to 1013
• B)from 861 to 1013
• C)from 899 to 1013
• D)from 785 to 861
• E)from 861 to 937

---

Definitions:

Inventory Record

Documentation that tracks the quantity, value, and location of all the inventory a company holds.

Units Sold

The total number of individual items or products sold by a company during a specific time period.

Units Received

Refers to the actual quantity of goods that have been delivered or received, typically in a business context for inventory tracking or accounting purposes.

LIFO Method

An inventory valuation method where the last items added to inventory are the first ones to be used or sold.