The Numbers of Hours Worked (Per Week) by 400 Statistics

question 34

Multiple Choice

The numbers of hours worked (per week) by 400 statistics students are shown below. ​ The relative frequency of students working 0 - 9 hours per week is

• A) .05
• B) .20
• C) .25
• D) .50

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Definitions:

Freight-in

The cost of shipping goods to the buyer's location, which is often included in the inventory cost.

Supplies Expense

The cost associated with the consumption of supplies utilized during an accounting period in the operation of a business.

Sales Discounts

A reduction in the price of a product or service provided by the seller to the buyer, often used as an incentive to encourage prompt payment or to increase sales volume.

Net Sales

The revenue from sales transactions after deductions of returns, allowances for damaged or missing goods, and discounts.