If We Conclude That the Average Weekly Amount of Soft

question 40

Multiple Choice

If we conclude that the average weekly amount of soft drink consumption by males and females is about the same,but that the standard deviation among males is greater than that for females,what would this mean?

• A)Males and females pretty much agree as to how many soft drinks they consume per week.
• B)Males consume more soft drinks per week than females.
• C)Even though males and females consume, on average, about the same number of soft drinks, there is more diversity of consumption among males.
• D)Females are more health conscious than males.

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Definitions:

Ending Inventory

The cumulative value of goods prepared for sale by the end of a bookkeeping period.

Beginning Inventory

The value of all the goods available for sale by a company at the start of an accounting period.

Average Inventory

The mean value of inventory over a certain period of time, calculated to help businesses understand inventory levels and cost of goods sold.

Ending Inventory

This is the total value of goods available for sale at the end of an accounting period, calculated by adding purchases to beginning inventory and subtracting cost of goods sold.