Solve the Problem A)No the Distribution Is Right-Skewed

question 1

Multiple Choice

Solve the problem.
-Data were reported for household size (number of people in household) in a small community. The size distribution is given in the table. Obtain a relative-frequency histogram for these data and Determine whether the household sizes are approximately normally distributed. $\begin{array}{c|c}\begin{array}{c}\text { Size } \\\text { (\# of people) }\end{array} & \text { Frequency } \\\hline \text { 1-under 2 } & 4 \\\text { 2-under 3 } & 33 \\\text { 3-under 4 } & 30 \\\text { 4-under 5 } & 12 \\\text { 5-under 6 } & 6 \\\text { 6-under 7 } & 3\end{array}$

• A)No. The distribution is right-skewed.
• B)No. The distribution has outliers.
• C)Yes. The distribution is bell-shaped.
• D)No. The distribution is left-skewed.

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Definitions:

Finished Goods Inventory

Finished goods inventory consists of items that have completed the manufacturing process and are ready to be sold to customers, representing a final stage in product inventory.

Weighted-Average Method

An inventory costing method that assigns a weighted average cost to each unit of inventory, based on the cost of goods available for sale and the number of units available.

Equivalent Units

Equivalent units are a concept in cost accounting used to assign costs to partially completed goods, converting them into the amount of finished goods units they represent.

Direct Materials Cost

The expenditure on raw materials that are directly involved in the production of a good or service.