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A math professor is wondering if students today are better or worse than in the past.He has given the same final to this year's class that he gave ten years ago.Compute mean,median,and mode for both classes and write a paragraph summarizing the differences.
Units
The individual items or product quantities produced or sold by a business.
FIFO Method
An inventory valuation method that assumes items purchased or produced first are sold first, and the newer inventory remains unsold.
Equivalent Units
Equivalent units are used in cost accounting to express the amount of work done on incomplete products in terms of fully completed units of output.
Materials
Raw items or components that are used to manufacture a finished product.
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