Which of the Following Statements Best Describes the Distribution and Variability

question 3

Multiple Choice

Which of the following statements best describes the distribution and variability of the histogram below? The data in the histogram summarizes length of time on hold for a collection of customers calling a repair call center.

• A) The distribution shows that the data was highly variable with some callers waiting on hold as many as 20 minutes.
• B) The distribution is left-skewed and most callers waited on hold at least three minutes.
• C) The distribution is symmetrical. The number of callers who waited on hold for less than three minutes was the same as the number of callers who waited on hold for more than three minutes.
• D) The distribution is right-skewed and most callers waited on hold less than three minutes.

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Definitions:

Adjusting Entries

Accounting entries made to adjust the books of accounts to reflect the true financial position and performance of a company at the end of a financial period.

Salaries Expense

The total amount recorded by a company for the salaries of its employees.

Salaries Payable

An account reflecting the debts to workers for performed but unpaid work.

Closing Entry

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent accounts, ultimately resetting the balances of temporary accounts to zero.