The annual report of Dennis Industries cited these primary

Chapter 3, Problem 35E

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QUESTION:

Problem 35E

The annual report of Dennis Industries cited these primary earnings per common share for the past 5 years: $2.68, $1.03, $2.26, $4.30, and $3.58. If we assume these are population values, what is:

a. The arithmetic mean primary earnings per share of common stock?

b. The variance?

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QUESTION:

Problem 35E

The annual report of Dennis Industries cited these primary earnings per common share for the past 5 years: $2.68, $1.03, $2.26, $4.30, and $3.58. If we assume these are population values, what is:

a. The arithmetic mean primary earnings per share of common stock?

b. The variance?

ANSWER:

Solution:

Step 1 of 3:

The data regarding primary earnings per common share for the past 5 years of Dennis Industries is given.They are $2.68,$1.03,$2.26,$4.30,$3.58.

These values are assumed to be population values.

Using this we need to find the required values.


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