Bud N Chemist Must Determine the Density of a Mineral Sample

question 32

Multiple Choice

Bud N. Chemist must determine the density of a mineral sample. His four trials yield densities of 4.77 g/cm³, 4.67 g/cm³, 4.69 g/cm³, and 4.81 g/cm³. Independent studies found the correct density to be 4.75 g/cm³. Which of the following statements represents the best analysis of the data?

• A)Bud's results have much greater accuracy than precision.
• B)Bud's results have much greater precision than accuracy.
• C)Bud's results have high accuracy and high precision.
• D)Bud's results have low accuracy and low precision.
• E)Bud's equipment is faulty.

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Definitions:

Debts Of Entity

Financial obligations that a company or individual owes to external parties or creditors.

Monetary Unit Assumption

An accounting principle that assumes money is the common denominator of economic activity and provides an appropriate basis for accounting measurement and analysis.

GAAP

Stands for Generally Accepted Accounting Principles; these are a common set of accounting principles, standards, and procedures that companies must follow when they compile their financial statements.

Corporation

A legal entity owned by shareholders, recognized as a separate entity from its owners, with rights and liabilities distinct from those of its members.