The Following Table Lists the Amounts Paid in Mortgages as a Percentage

question 96

Essay

The following table lists the amounts paid in mortgages as a percentage of the household income in the town Aponia. Calculate the variance and standard deviation of the data, if mean is given as 22.4%. The percentage x) values are estimated as midpoints of each percentage range. $\begin{array}{|l|l|l|}\hline \begin{array}{l}\text { Mortgage as a } \\\text { percentage of } \\\text { household income in } \\\text { Aponia }\end{array} & & \\\hline \text { Group in \% } & \text { Percentage } & \begin{array}{l}\text { Number of } \\\text { households f) }\end{array} \\\hline 0-10 & 5 & 4567 \\\hline 10-20 & 15 & 6562 \\\hline 20-30 & 25 & 3356 \\\hline 30-40 & 35 & 2975 \\\hline 40-50 & 45 & 1644 \\\hline 50-60 & 55 & 1376 \\\hline\end{array}$

Analyze financial statements and identify missing information.

Understand the importance and procedures of financial statement preparation.

Recognize and apply fundamental accounting principles and assumptions.

Understand the concept of perpetuities and their valuation.

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Definitions:

Electronic Human Resource Management

The integration of information technology into the human resources function to enhance its efficiency and effectiveness, often through digital platforms and tools.

Psychological Contract

A description of what an employee expects to contribute in an employment relationship and what the employer will provide the employee in exchange for those contributions.

Job Security

Refers to the likelihood that an individual will keep their job without the risk of becoming unemployed.