The Average of the Deviations, ,Can Never Actually Be

question 20

Multiple Choice

The average of the deviations, ,can never actually be computed.Why?

• A)You cannot subtract the mean from every number in the sample.
• B)When you subtract the mean from some numbers,you get negative numbers.
• C)The sum of all deviations from the mean always equals zero.
• D)The actual N is never truly known.

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Definitions:

Days' Sales

A financial ratio that calculates the average time it takes for a company to convert its inventory into sales.

Physical Inventory

A process where a business counts its entire inventory by hand at a specific point in time.

Balance Sheet

A financial statement that provides a snapshot of a company's financial condition at a specific moment in time, showing its assets, liabilities, and shareholders' equity.

Income Statement

A financial report that shows a company's revenues, expenses, and profit or loss over a specific period.