The Sum of the Squared Deviations from the Mean Divided

question 25

Multiple Choice

The sum of the squared deviations from the mean divided by the number of scores minus one is the definition for the.

• A)estimated population standard deviation
• B)estimated population variance
• C)sample variance
• D)sample standard deviation

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Definitions:

Operating Leverage

A measure of how revenue growth translates into growth in operating income, indicating the proportion of fixed versus variable costs a company has.

Degree of Operating Leverage

A financial ratio that measures the sensitivity of a company's earnings before interest and taxes (EBIT) to a percentage change in sales, indicating the impact of fixed costs on profits.

High-low Method

The high-low method is an accounting technique used to estimate the variable and fixed costs of a business based on the highest and lowest levels of activity.

Unit Sales Price

The price at which an individual unit of a product is sold, important for determining profitability and setting pricing strategies.