SCENARIO 2-18 The Stem-And-Leaf Display Below Shows the Result of a Survey

question 108

Short Answer

SCENARIO 2-18
The stem-and-leaf display below shows the result of a survey on 50 students on their satisfaction with their school with the higher scores represent higher level of satisfaction.

-Referring to Scenario 2-18,what was the highest level of satisfaction?

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Definitions:

Trade

The exchange of goods, services, or both between two or more parties, either within a country or internationally.

Resource Scarcity

A situation where resources are limited in availability and cannot satisfy all uses and desires.

Opportunity Costs

The potential benefits an individual, investor, or business misses out on when choosing one alternative over another.

Equilibrium

A state in a market where supply equals demand, meaning that there is no tendency for the market price to change unless external factors alter supply or demand.