A Shoe Retailer Keeps Track of All Types of Information

question 95

Short Answer

A shoe retailer keeps track of all types of information about sales of newly released shoe styles. One newly released style was marketed to tall people. Listed below are the shoe sizes of 12 randomly selected customers who purchased the new style. Find the mode of the shoe sizes. $\begin{array} { c c c c } 9 \frac { 1 } { 2 } & 11 & 12 & 11 \frac { 1 } { 2 } \\ 8 \frac { 1 } { 2 } & 10 \frac { 1 } { 2 } & 8 & 11 \\ 10 & 11 & 9 \frac { 1 } { 2 } & 10 \end{array}$

A) 11

B) $10 \frac { 1 } { 4 }$

C) $10 \frac { 1 } { 2 }$

D) $9 \frac { 1 } { 2 }$

• A) 11
• B) \(10 \frac { 1 } { 4 }\)
• C) \(10 \frac { 1 } { 2 }\)
• D) \(9 \frac { 1 } { 2 }\)

Determine the discounted payback period for projects with different cash flows.

Analyze and compare mutually exclusive projects to decide which project to accept based on the required rate of return.

Understand the concept of average accounting return and its calculation.

Comprehend and apply straight-line depreciation in the calculation of net income and project returns.

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