Data on Tipping Percent for 20 Restaurant Tables Are: ​

question 26

Multiple Choice

Data on tipping percent for 20 restaurant tables are: ​ ​
Compute the value of the median for the above data set.
​

• A)The median tipping percentage is 20%.
• B)The median tipping percentage is 22%.
• C)The median tipping percentage is 22.5%.
• D)The median tipping percentage is 23.5%.
• E)The median tipping percentage is 28.2%.

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Definitions:

Significant

Something that is important, noteworthy, or has a considerable impact or effect.

Potential Successor

An individual or entity considered likely to take over a role, position, or responsibility in the future.

Exit Strategy

A plan developed by a business or individual to sell ownership in the company, cease operations, or otherwise dispose of its operations and assets.

Outgoing CEO

The Chief Executive Officer who is in the process of leaving their current position, typically resulting in a transition of leadership.