Alejandra Is Interested in Describing the Spread of the Scores

question 38

Multiple Choice

Alejandra is interested in describing the spread of the scores in her data set.She should calculate the ____ of the data set.

• A) mean
• B) range
• C) correlation
• D) mode

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Definitions:

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue by comparing net credit sales to the average accounts receivable.

Days' Sales

A measure of how efficiently a company converts its inventory into sales, typically calculated as days' sales in inventory or days sales outstanding.

Credit Terms

Conditions under which credit is extended by a seller to a buyer, detailing the repayment period, discount for early payment, and penalty for late payment.

Comparative Balance Sheet

Financial statements that show the financial position of a business at different points in time, allowing for comparison.