Suppose You Are the Pilot of a Small Commercial Airplane

question 5

Multiple Choice

Suppose you are the pilot of a small commercial airplane, and you want to ensure that the plane will carry the load. What statistic would be most useful to you?

• A) The mean weight of the passengers.
• B) The median weight of the passengers.
• C) The modal weight of the passengers.
• D) The dispersion of the data representing the weight of the passengers.
• E) The standard deviation of the data representing the weight of the passengers.

---

Definitions:

Maker's Obligation

The responsibility of the creator of a negotiable instrument to pay the specified amount to the holder of the instrument upon its presentation.

Draft

Any instrument (such as a check) drawn on a drawee (such as a bank) that orders the drawee to pay a certain sum of money, usually to a third party (the payee), on demand or at a definite future time.

Drawee

The party that is ordered to pay a draft or check. With a check, a financial institution is always the drawee.

Payee

The individual or entity to whom a payment is to be made or has been made, typically in the context of financial transactions.