The Ontario Ministry of Education Collects Data on the Number

question 23

Multiple Choice

The Ontario Ministry of Education collects data on the number of years of teaching experience of high school teachers.A sample taken this year of 19 high school teachers yielded the following data on number of years of teaching experience. 16 28 1 33 15
6 18 7 20 14
17 19 16 10 21
29 14 39 18

• A)33,39
• B)1
• C)1,33,39
• D)1,39
• E)None

---

Definitions:

Financial Statement

Consolidated documents that present the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.

Balance Sheet

A financial statement that provides a snapshot of a company’s financial position at a specific point in time, listing assets, liabilities, and shareholders' equity.

Income Statement

A document detailing a firm's income and outgoings during a certain time, ending in either a profit or a deficit.

Net Income

The total profit of a company after subtracting all costs, expenses, and taxes from the total revenue.