In Table 5, We Illustrate the Distribution of Attributes in a Hypothetical

question 7

True/False

In Table 5, we illustrate the distribution of attributes in a hypothetical community in the New York City Borough of Queens that is divided along language and race lines. Use this table to answer the following three questions.
$$\begin{array}{l}\text { Table 5: Distribution of Attributes in a Hypothetical Queens Neighborhood }\\\\\begin{array} { |l | l l l |} \hline & \text { White (\%) } & \text { South Asian (\%) } & \text { Latino (\%) } \\\hline \text { English speaking } & 18 & 14 & 14 \\\text { Spanish speaking } & 7 & 2 & 13 \\\text { Hindi speaking } & 0 & 7 & 0 \\\text { Polish speaking } & 25 & 0 & 0 \\\hline\end{array}\end{array}$$
-If you know that someone is a Latino, can you predict with much certainty what language he or she speaks?

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Definitions:

Actual Results

The real outcomes or results achieved and recorded after a particular period or activity, often compared against planned or forecasted results.

Standard Cost System

An accounting method that applies estimated costs to product units to predict production expenses and aid in budgeting.

Labor Rate Variance

The discrepancy between what labor actually costs and what was initially budgeted or considered as the standard labor cost.

Actual Results

The real outcomes or data obtained from an operation or process, often compared against planned or forecasted results.