The Following Is a Frequency Distribution for the Ages of a Sample

question 112

Short Answer

The following is a frequency distribution for the ages of a sample of employees at a local company.

a.Determine the average age for the sample.
b.Compute the variance.
c.Compute the standard deviation.
d.Compute the coefficient of variation.

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Definitions:

Company Assets

Resources owned by a company that have economic value and can be used to meet debts, commitments, or investments.

Personal Gain

The benefit or advantage acquired by an individual from a particular scenario or transaction, often financial in nature.

Internal Control

A process designed to ensure the reliability of financial reporting, effectiveness of operations, and compliance with laws and regulations.

Ethics

Moral principles that govern a person's behavior or the conducting of an activity.