The Following Frequency Distribution Was Constructed for the Age of Accounts

question 43

Multiple Choice

The following frequency distribution was constructed for the age of accounts receivable: The frequency distribution reveals that the accounts receivable ages are ___.

• A)skewed to the left
• B)skewed to the right
• C)not skewed
• D)normally distributed
• E)symmetrical

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Definitions:

Normally Distributed

Describes a distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Test Statistic

A standardized value derived from sample data during a hypothesis test which is used to determine whether to reject the null hypothesis.

Lower Tailed Test

A statistical test used to determine if a dataset's lower end values significantly differ from the hypothesized value.

Test Statistic

A standardized value calculated from sample data during a hypothesis test that is used to make a decision about the null hypothesis.