Author Question: When should measures of location and dispersion be computed from grouped data rather than from ... (Read 209 times)

Marty · **on:** Jun 24, 2018

When should measures of location and dispersion be computed from grouped data rather than from individual data values?
a. As much as possible since computations are easier
b. Only when individual data values are unavailable
c. Whenever computer packages for descriptive statistics are unavailable
d. Only when the data are from a population

Question 2

Relevant costs should be reflected in the objective function, but sunk costs should not.
a. True
b. False
Indicate whether the statement is true or false