List the Four Types of Responsibility Centers

question 194

Essay

List the four types of responsibility centers.For each center,state the responsibility of the manager.
$$\begin{array} { | c | c | } \hline \begin{array} { c } \text { Type of responsibility } \\\text { center }\end{array} & \text { Responsibility of the manager } \\\hline & \\\hline & \\\hline & \\\hline & \\\hline\end{array}$$

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Definitions:

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution without violating any constraints.

Mean

A measure of central tendency in statistics, representing the average of a set of numbers, calculated by dividing the sum of the values by the number of values.

Mean

The arithmetic average of a set of numbers, calculated by adding all the numbers together and then dividing by the count of those numbers.

Median

A statistical measure representing the middle value in a set of data when arranged in ascending or descending order, highlighting central tendency.