In Left-Skewed Distributions,which of the Following Is the Correct Statement

question 121

Multiple Choice

In left-skewed distributions,which of the following is the correct statement?

• A) The distance from the smallest observation to Q2 is smaller than the distance from Q2 to the largest observation.
• B) The distance from Q1 to Q2 is smaller than the distance from Q2 to Q3.
• C) The distance from the smallest observation to Q1 is larger than the distance from Q3 to the largest observation.
• D) The distance from Q1 to Q3 is twice the distance from the Q1 to Q2.

---

Definitions:

Product Margins

The difference between the selling price of a product and the cost of goods sold, often expressed as a percentage of sales.

Departmental Overhead Rates

Specific overhead rates assigned to different departments within a company, reflecting the unique costs incurred by each department.

Direct Labour-hours

Direct labour-hours refer to the amount of time spent by workers directly involved in the production process, used to allocate labour costs to units of output.

Machine-hours

A measure of production output or activity based on the number of hours machines are operating.