Data on the Amount of Money Made in a Year

question 4

Multiple Choice

Data on the amount of money made in a year by 1,000 families in a small town were collected. You want to know how much each family will get if the money made by all the 1,000 families is pooled together and then evenly redistributed back to them. Which of the following would you compute?

• A) Arithmetic mean
• B) Median
• C) Interquartile range
• D) Coefficient of correlation

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Definitions:

Seafloor

Oceanic bedrock covered by marine sediments, featuring underwater landforms such as valleys, volcanoes, and ridges.

Coastline

The coastline is the area where land meets the sea, characterized by its shape and features influenced by various geological processes.

Shoreline

The boundary line between land and a body of water.

Waves

Oscillations that travel through water caused by the wind on the surface, resulting in a rise and fall motion.