The Distribution of Salaries in the American Population Is Not

question 18

Multiple Choice

The distribution of salaries in the American population is not symmetrical.Most salaries are bunched together at the lower end of the distribution.As salaries increase,there are fewer and fewer people with these salaries.The shape of the graph produced by this distribution would be (Hint: Drawing a picture of the distribution may be helpful. )

• A)a normal bell-shaped curve.
• B)negatively skewed.
• C)positively skewed.
• D)mesokurtic.

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Definitions:

Machine-Hours

A measure of production output or activity based on the number of hours machines are operated within a specified period.

Unused Capacity

Unused capacity refers to the resources or facilities available to a company that are not currently being used to their full potential, which can impact efficiency and profitability.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, leading to its net income or loss.

Plantwide Predetermined

A single overhead rate calculated for an entire production facility based on estimated costs and activity levels.