Which Formula Is Used to Compute Standard Hours Allowed

question 16

Multiple Choice

Which formula is used to compute standard hours allowed?

• A)unit labour standard × actual output
• B)unit labour standard × standard output
• C)unit labour standard × actual input
• D)unit labour standard × standard input

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Definitions:

Correlation

A statistical measure that describes the extent to which two variables change together, indicating the strength and direction of their relationship.

Correlation Coefficients

Statistical measures that quantify the strength and direction of a relationship between two or more variables.

Numerical Index

A quantitative measure or indicator that represents statistical data points or trends.

Curvilinear Relationship

A type of relationship between two variables where the change in one variable has a non-linear effect on the other variable, often visualized as a curved graph.