The Following Frequency Table Summarizes the Ages of 64 Shoppers

question 124

Essay

The following frequency table summarizes the ages of 64 shoppers at the local grocery store. $$\begin{array} { c c } \text { Age of the shopper } & \text { Frequency } \\\hline 15 - 23 & 10 \\24 - 32 & 21 \\33 - 41 & 10 \\42 - 50 & 8 \\51 - 59 & 5 \\60 - 68 & 6\end{array}$$
-Calculate the (approximate)sample mean for this data (mean for the grouped data).

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Definitions:

Work in Process

Goods that are in various stages of completion in the manufacturing process but are not yet finished products.

Direct Labor Variances

The differences between the actual labor costs incurred and the standard labor costs for the actual production achieved.

Direct Labor Costs

The wages paid to employees who are directly involved in the production of goods or services, such as assembly line workers or craftsmen.

Standard Costs

Predetermined or estimated costs to perform an operation or produce a good, used as benchmarks against actual costs.