In a Small Construction Firm, Another Crew Supervisor Is Added

question 61

Multiple Choice

In a small construction firm, another crew supervisor is added for every 10 workers employed. This is an example of a:

• A) step cost
• B) purely variable cost
• C) mixed cost
• D) discretionary fixed cost

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Definitions:

Normally Distributed

This probability distribution is distinguished by its symmetric nature around the mean, showcasing higher frequencies of data points near the mean than those at greater distances.

Mean

The arithmetic average of a set of values or observations, calculated by summing all numbers and then dividing by the count of the numbers.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the numbers are.

Normally Distributed

A statistical description of a data set that forms a bell-shaped curve when graphed, indicating that most values are close to the average.