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The Shipment Times in Hours for a Load of Goods

question 38

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The shipment times in hours for a load of goods from a factory to market are tabulated in the frequency distribution below. Find the mean shipment time. Please round your answer to the nearest tenth.   The shipment times in hours for a load of goods from a factory to market are tabulated in the frequency distribution below. Find the mean shipment time. Please round your answer to the nearest tenth.     A)  mean = 36.4 hours B)  mean = 42.1 hours C)  mean = 39.8 hours D)  mean = 38.7 hours E)  mean = 38.3 hours


Definitions:

Adjusting Entry

An entry made in the accounting journals at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

Financial Statements

Financial Statements are formal records of the financial activities and position of a business, person, or entity, including the balance sheet, income statement, and statement of cash flows.

Yearly Subscriptions

Recurring payments made on an annual basis for continued access to a product or service.

Employer's Payroll Tax

Taxes that employers are required to pay on behalf of their employees, based on the salary the employees earn, including social security and Medicare taxes in the United States.

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