The Output Below Displays the Mean and Median for the State

question 12

Essay

The output below displays the mean and median for the state high school dropout rates in
year 1 and in year 5. $$\begin{array} { l r r } & \text { Year 1 } & \text { Year 5 } \\\text { N } & 51 & 51 \\\text { MEAN } & 28.22 & 26.56 \\\text { MEDIAN } & 27.53 & 25.18\end{array}$$ Use the information to determine the shape of the distributions of the high school dropout rates in year 1 and year 5.

---

Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating its short-term financial health and operational efficiency.

Free Cash Flow

The amount of cash generated by a business after accounting for operating expenses and capital expenditures, available for distribution among shareholders.

Interest Expense

The cost incurred by an entity for borrowed funds, typically stated as an annual rate.

Net Debt

A financial metric that calculates a company's total debt minus its cash and cash equivalents, assessing its leverage.