The Company Financial Officer Was Interested in the Average Cost

question 76

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 10th percentile?

• A) $1,304.50
• B) $2,617.00
• C) $3,415.75
• D) $3,587.00
• E) $4,212.00

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Definitions:

Private Property

Legal designation for the ownership of property by non-governmental legal entities or individuals, allowing for the exclusive use and control of the property.

Interest

A charge for borrowed money, usually a percentage of the borrowed sum.

Extramarital Affairs

Romantic relationships or sexual liaisons that occur outside of marriage and are typically considered infidelity.

Naming Taboo

A prohibition or restriction on using particular names or words, often due to cultural, religious, or social reasons.