Find the Mean for the Given Sample Data A)773 Hr
B)8

question 161

Multiple Choice

Find the mean for the given sample data. Unless otherwise specified, round your answer to one more decimal place thanthat used for the observations.
-Bill kept track of the number of hours he spent exercising each week. The results for four months are shown below. Find the mean number of hours Bill spent exercising per week.
$\begin{array} { l l l l l l } 8.1 & 8.6 & 8.7 & 7.5 & 8.3 & 8.1 \\8.7 & 8.7 & 7.9 & 8.1 & 7.5 & 6.6 \\7.3 & 8.6 & 8.6 & 8.6 & 8.3 & 8.7\end{array}$

• A)7.73 hr
• B)8.39 hr
• C)8.64 hr
• D)8.16 hr

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Definitions:

Process Cost Summary

A document that aggregates and summarizes the total costs associated with a specific stage of production in process costing.

Materials Costs

The expenses associated with the raw materials used in the manufacturing of products or goods.

Canning Department

A section within a manufacturing process focused on the preservation of food by sealing it in airtight containers.

Weighted-Average Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on the average cost of all goods available for sale.