The Company Financial Officer Was Interested in the Average Cost

question 47

Multiple Choice

The company financial officer was interested in the average cost of PCs that had been purchased in the past six months. She took a random sample of the price of 10 computers, with the following results. $3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000
What is the third quartile?

• A) $1,446.50
• B) $2,617.00
• C) $3,415.75
• D) $3,449.00
• E) $4,212.00

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Definitions:

Declared Obsolete

The designation of a product, service, or technology as outdated or no longer in use, often replaced by newer alternatives.

Obsolete Materials

Items or materials that are no longer used or needed due to changes in technology, market demand, or product design.

Material Disposal

The process of discarding, recycling, or selling off waste materials or surplus goods in an environmentally responsible and cost-effective manner.

Equipment Disposal

The process of getting rid of outdated or no longer needed equipment in a safe, environmentally friendly, or legally compliant manner.