The Human Resource Department Wants to Determine the Frequency of Sick

question 93

Multiple Choice

The Human resource department wants to determine the frequency of sick days for 8 employees' that make up their department.Below is their data
What is the relative frequency for being sick 8 days?

• A).375
• B)1.00
• C).125
• D)None of these

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Definitions:

Total-Cost Approach

A pricing strategy that considers all costs associated with producing and delivering a product or service to determine its selling price.

Discount Rate

The interest rate used to discount future cash flows to present value.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity available for running day-to-day operations.

Annual Cost Savings

The reduction in expenses that a company achieves within one year through cost-cutting measures or process improvements.