SCENARIO 2-6 A Sample of 200 Students at a Big-Ten University Was

question 169

Multiple Choice

SCENARIO 2-6
A sample of 200 students at a Big-Ten university was taken after the midterm to ask them whether they went bar hopping the weekend before the midterm or spent the weekend studying,and whether they did well or poorly on the midterm.The following table contains the result.

-Referring to Scenario 2-6,of those who did well on the midterm in the sample,_____percent of them went bar hopping the weekend before the midterm.

• A)15
• B)27.27
• C)30
• D)50

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Definitions:

Activity Variance

The difference between the budgeted amount of an activity and the actual amount incurred.

Net Operating Income

Refers to a company's income after operating expenses have been deducted, but before income taxes and interest expenses are subtracted.

Budgeting

The process of creating a plan to spend your money, forecasting future income and expenses over a specified period.

Activity Variance

The difference between planned activity levels or costs and actual activity levels or costs.