Given the Following Distribution of Quiz Scores for a Statistics

question 33

Multiple Choice

Given the following distribution of quiz scores for a statistics course:
87, 91, 74, 73, 80, 84, 68, 75
What is the variance?

• A)54
• B)7.35
• C)48
• D)43 2

Comprehend the process of ratification and its applicability in binding principals to unauthorized acts.

Realize the extent of an agent’s authority in managing property and contracting for necessary repairs.

Recognize the conditions under which a principal’s ratification of a contract can be implied from conduct.

Identify the scenarios in which principals are liable for agents’ misrepresentations.

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Definitions:

Contribution Rate

The percentage or amount that is contributed to a retirement or investment plan, usually on a regular basis, by an employer, employee, or both.

Monthly Sales

The total revenue generated from sales activities within a calendar month.

Graphical Approach

A method of solving problems or illustrating concepts by using diagrams, charts, or graphs.

CVP Analysis

Cost-Volume-Profit Analysis is a method used in managerial accounting to analyze how revenues, costs, and profits change with variations in sales volume.