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A Corner Shop Makes a Note of the Number of Shopping

question 6

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A corner shop makes a note of the number of shopping bags used by customers during the course of one day. The following frequency distribution is produced [number of bags(frequency) ]: 0(8) ; 1(26) ; 2(24) ; 3(6) ; 4(1) . Calculate the mean deviation (2 decimal places) .


Definitions:

Credit to Cash

A transfer or accounting entry that increases the cash balance while simultaneously increasing a corresponding credit account.

Art Studio

A creative space where artists create, display, and sometimes sell their artworks.

Furniture

An asset category in accounting that refers to movable articles intended to support various human activities such as seating and sleeping or to hold objects at a convenient height.

Discount Period

The timeframe during which a discount is offered for early payment on sales made on credit, aiming to encourage prompt payment.

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