Critical Thinking Questions Case 3-2 George Runs a Mid-Size Accounting

question 71

Multiple Choice

Critical Thinking Questions Case 3-2 George runs a mid-size accounting practice. He has recently upgraded to Excel for some aspects of his business. He expects sales to grow in the next few months during tax season. After that, he would like to begin upgrading some of the equipment and furniture for the employees in his office. He will start with the Reception area, which has the most visibility. In George's worksheet, the result for the calculation in cell H14 is ######. What should George do?

• A)increase the width of column H
• B)provide a correct argument or operand
• C)run the calculation again to find the available value
• D)replace the incorrect formula in cell H14 with one that does not divide by zero

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Definitions:

Generalize Results

The process of extending the findings from a study or experiment to a larger population outside of the sample studied.

Sample

A subset of individuals or observations selected from a larger population for the purpose of statistical analysis.

Simplest Test

Often considered to be the one-sample t-test, it assesses whether the mean of a single sample differs from a known value.

17th Century

A historical period extending from the year 1601 to 1700, notable for significant developments in science, art, and politics.