An outlier may be caused by accidentally including the height of a six-year-old boy in a set of

data representing the heights of 12-year-old boys.

A) True B) False

A

Business

You might also like to view...

Strategy and tactics need to be evaluated _____

a. on a continuous basis b. yearly c. during a retail audit d. prior to evaluating a retail unit for sale

Business

These questions refer to flexible-budget variance formulas with the following descriptions for the variables: A = Actual; B = Budgeted; P = Price; Q = Quantity. The best label for the formula [(AP)(AQ) - (BP)(BQ)] is the ________

A) efficiency variance. B) price variance C) total flexible-budget variance D) spending variance

Business