If One Were to Plot the IQ Scores of Every

question 136

Multiple Choice

If one were to plot the IQ scores of every person in the United States on a graph, one would end up with a:

• A)sore hand.
• B)messy piece of paper.
• C)uniform distribution-that is, a straight horizontal line
• D)bell-shaped curve.

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Definitions:

Merchandise Inventory

Goods that a company holds for the purpose of selling to customers.

Payroll Tax Expense

Taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their staff.

Inventory

The goods and materials a business holds for the purpose of resale or production.

Freight-in

The cost of transporting goods into a firm, usually considered part of the inventory cost.