Xavier,a Recent College Graduate,is Thinking of Investing in a Home

question 10

True/False

Xavier,a recent college graduate,is thinking of investing in a home health care business.He believes this will be a profitable venture because of the increasing number of people in the U.S.that will be over 60 in the near future and more likely to need this type of service.This accurately describes a demographic trend that will affect his business choice.
When scanning the social environment for opportunities and threats,business professionals study demographic changes in their respective markets.Demographic changes can have a significant impact on business choices and career opportunities.

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Definitions:

Rounded

The process of adjusting numbers to a specified degree of precision, often to make them simpler or more easily interpreted.

Mean

The mean of a collection of numbers, determined by summing up all the numbers and then dividing by the total number of numbers.

Median

The middle value in a list of numbers sorted in ascending or descending order, effectively separating the higher half from the lower half.

Quotient

The result obtained from dividing one number by another.