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NEW QUESTION 35 
Which of the following formulas in Excel would correctly calculate the mean of the data below? (Select all that apply.)
- A. =MODE(B2:B13)
- B. =MEAN(B2:B13)
- C. =SUM(B2:B13)/12
- D. =AVERAGE(B2:B13)
- E. =MEDIAN(B2:B13)
Answer: C,D
NEW QUESTION 36
Which of the following histograms, each with nine observations, has a median of five? A)
B)
C)
D)
- A. Option B
- B. Option D
- C. Option A
- D. Option C
Answer: B
NEW QUESTION 37
Which of the following items would be considered a relevant cash flow for capital budgeting purposes?
- A. Incremental investment in working capital as the sales revenue increases
- B. Intangible and qualitative factors
- C. Research expenses incurred during the previous three years
- D. Fixed operating expenses that will be incurred no matter which alternative is chosen
Answer: A
NEW QUESTION 38
A company wants to sell an extremely rare antique. The company does not know how highly consumers value the antique, but it knows that any single consumer's value will rise if the consumer believes other people have a high value for the antique. How should the company sell the item to maximize its price?
- A. Conduct an English (open outcry) auction
- B. Conduct either a Vickrey (sealed second-price) auction or a sealed first-price auction
- C. Conduct a Vickrey (sealed second-price) auction
- D. Conduct a sealed first-price auction
Answer: A
NEW QUESTION 39
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