Examlex
The process cost summary is an important managerial accounting report produced by a process costing system.
Mathematical Average
A statistical measure representing the sum of values divided by their quantity.
Modal Score
The most frequently occurring value in a set of data, which represents the mode.
Median Score
The median score represents the middle value in a sorted list of numbers, essentially splitting the dataset into two halves.
Mean Score
The average score obtained by computing the sum of all individual scores and dividing by the number of scores.
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