In 2012, the Average Age of Students at UTC Was

question 139

Essay

In 2012, the average age of students at UTC was 22 with a standard deviation of 3.96. In 2013, the average age was 24 with a standard deviation of 4.08. In which year do the ages show a more dispersed distribution? Show your complete work and support your answer.

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Definitions:

Intangible Assets

Non-physical assets owned by a business, such as intellectual property, brand names, and customer relationships, which add value to the company.

Book Value

The net value of a company's assets expressed on its balance sheet, equal to its total assets minus liabilities, preferred stock, and intangible assets.

Retained Earnings

The portion of net income that is retained by a company rather than distributed to its shareholders as dividends.