Athletic Training Time The Following Data Represent the Numbers of Minutes an Athlete

question 139

Essay

Athletic Training Time
The following data represent the numbers of minutes an athlete spends training per day: 73, 74, 76, 77, 79, 79, 83, 84, 88, 84, 84, 85, 86, 86, 87, 87, 88, 91, 92, 92, 93, 97, 98, 98, 81, and 82. The mean and standard deviation were computed to be 85.54 and 6.97, respectively.
-Refer to the Athletic Training Time statement. What percentage of measurements would you expect to be between 71.60 and 99.48?

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Definitions:

Unfavorable

A term used in variance analysis to describe a situation where actual results are worse than expected results, leading to a negative impact on financial performance.

Favorable

A term used in finance and accounting to describe results that are better than expected or budgeted.

Predetermined Overhead Rate

A rate used to apply manufacturing overhead to products or job orders, calculated based on estimated overhead costs and an allocation base.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to products or job orders, calculated at the start of the fiscal year based on estimated costs and activities.