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Instruction 3-3
The stem-and-leaf display below represents the number of vitamin supplements sold by a health food store in a sample of 16 days.
Note (1): 1H means the "high teens" = 15, 16, 17, 18, or 19; 2L means the "low twenties" = 20, 21, 22, 23, or 24; 2H means the "high twenties" = 25, 26, 27, 28, or 29, etc.
Note (2): For this sample, the sum of the observations is 448, the sum of the squares of the observations is 13,356, and the sum of the squared differences between each observation and the mean is 812.
-Referring to Instruction 3-3,the coefficient of variation of the number of vitamin supplements sold in this sample is _____________ percent.
Accounts Payable
Liabilities owed by a business to creditors for purchases of goods and services on credit.
Merchandise Inventory
The goods a company has in stock that are ready to be sold as part of its regular business operations.
Accounts Payable
Money that a company owes to its suppliers or vendors for goods and services received but not yet paid for.
Merchandise Inventory
The total cost of all goods that a company has in stock and available for sale, at any given time.
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