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A survey of 44 MBA students (stored in GradSurvey ). For these data, for each numerical variable, complete the following.
a. Compute the mean, median, first quartile, and third quartile.
b. Compute the range, interquartile range, variance, standard deviation, and coefficient of variation.
c. Construct a boxplot. Are the data skewed? If so, how?
d. Write a report summarizing your conclusions.
A retailer obtains a purchase allowance from the manufacturer in the amount of $600 for faulty inventory parts. Which of the following represents the journal entry for this transaction, assuming the retailer has already remitted payment?
A. Accounts Payable 600 Merchandise Inventory 600 B. Cash 600 Purchase Returns and Allowances 600 C. Accounts Payable 600 Purchase Discounts 10 Cash 590
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