Use the Data Given Below to Answer the Following Questions)

question 15

Multiple Choice

Use the data given below to answer the following questions) .
Following is an extract from the Cost per Order Database of Grogtes LLC. $\begin{array}{|c|c|c|c|c|}\hline\text { Item Category } & \text { Item ID } & \text { Item Cost } & \text { Units } & \begin{array}{c}\text { Cost per } \\\text { Order }\end{array} \\\hline \text { Nuts } & \text { N101 } & \$ 2.44 & 94 & \$ 229.36 \\\hline \text { Screws } & \text { S101 } & \$ 20.44 & 49 & \$ 1,001.56\\\hline \text { Nuts } & N 102 & \$ 5.44 & 35 & \$ 190.40 \\\hline \text { Screwdriver } & \mathrm{SD} 101 & \$ 20.44 & 26 & \$ 531.44 \\\hline \text { Nuts } & \mathrm{N} 102 & \$ 3.44 & 55 & \$ 189.20 \\\hline \text { Screws } & \mathrm{S} 102 & \$ 5.44 & 59 & \$ 320.96 \\\hline \text { Nuts } & \mathrm{N} 101 & \$ 2.44 & 74 & \$ 180.56 \\\hline \text { Nuts } & \mathrm{N} 102 & \$ 5.44 & 89 & \$ 484.16 \\\hline \text { Nuts } & \mathrm{N} 101 & \$ 2.44 & 31 & \$ 75.64 \\\hline \text { Screws } & \mathrm{S} 103 & \$ 9.44 & 59 & \$ 556.96 \\\hline \text { Nuts } & \mathrm{N} 102 & \$ 5.44 & 89 & \$ 484.16 \\\hline \text { Screws } & \mathrm{S} 101 & \$ 2.44 & 28 & \$ 68.32 \\\hline \text { Screws } & \mathrm{S} 101 & \$ 20.44 & 80 & \$ 1,635.20 \\\hline \text { Nuts } & \mathrm{N} 102 & \$ 5.44 & 34 & \$ 184.96 \\\hline \text { Nails } & \mathrm{NG} 101 & \$ 125.45 & 1 & \$ 125.45 \\\text { Bolts } & \text { B101 } & \$ 16.44 & 15 & \$ 246.60 \\\hline \text { Screws } & \text { S103 } & \$ 9.44 & 27 & \$ 254.88 \\\hline \text { Screwdriver } & \text { SD102 } & \$ 9.44 & 63 & \$ 594.72 \\\hline \text { Screwdriver } & \text { SD101 } & \$ 20.44 & 14 & \$ 286.16 \\\hline \text { Bolts } & \mathrm{B} 102 & \$ 5.44 & 95 & \$ 516.80 \\\hline \text { Nuts } & \mathrm{N} 103 & \$ 1.74 & 66 & \$ 114.84 \\\hline \text { Bolts } & \mathrm{B} 101 & \$ 16.44 & 73 & \$ 1,200.12\\\hline \text { Screws } & \mathrm{S} 103 & \$ 9.44 & 45 & \$ 424.80 \\\hline \text { Screws } & \mathrm{S} 104 & \$ 15.45 & 86 & \$ 1,328.70 \\\hline \text { Screws } & \mathrm{S} 102 & \$ 5.44 & 3 & \$ 16.32 \\\hline \text { Screws } & \mathrm{S} 101 & \$ 20.44 & 6 & \$ 122.64 \\\hline \text { Bolts } & \mathrm{B} 102 & \$ 5.44 & 49 & \$ 266.56 \\\hline \text { Nuts } & \mathrm{N} 101 & \$ 2.44 & 65 & \$ 158.60 \\\text { Screwdriver } & \text { SD103 } & \$ 5.44 & 95 & \$ 516.80 \\\hline \text { Nuts } & \mathrm{N} 103 & \$ 1.74 & 52 & \$ 90.48 \\\hline \text { Screws } & \mathrm{S} 103 & \$ 9.44 & 79 & \$ 745.76 \\\hline \text { Nailgun pack } & \mathrm{NG} 101 & \$ 125.45 & 4 & \$ 501.80\\\hline\end{array}$
$\quad$ $\begin{array}{|c|c|c|c|c|}\hline \text { Item Category } & \text { Item D } & \text { Item Cost } & \text { Units } & \begin{array}{c}\text { Cost per } \\\text { Order }\end{array} \\\hline \text { Bolts } & \mathrm{B} 102 & \$ 5.44 & 61 & \$ 331.84 \\\hline \text { Bolts } & \mathrm{B} 103 & \$ 12.94 & 54 & \$ 698.76 \\\text { Bolts } & \mathrm{B} 104 & \$ 24.40 & 41 & \$ 1,000.40 \\\hline \text { Nails } & \mathrm{NG} 102 & \$ 275.45 & 2 & \$ 550.90 \\\hline \text { Nuts } & \mathrm{N} 103 & \$ 1.74 & 6 & \$ 10.44 \\\hline \text { Screwdriver } & \mathrm{SD} 104 & \$ 2.44 & 75 & \$ 183.00 \\\hline \text { Screws } & \mathrm{S} 101 & \$ 20.44 & 56 & \$ 1,144.64 \\\hline \text { Nuts } & \mathrm{N} 103 & \$ 1.74 & 13 & \$ 22.62 \\\hline \text { Screws } & \mathrm{S} 102 & \$ 5.44 & 10 & \$ 54.40 \\\hline \text { Screws } & \mathrm{S} 101 & \$ 20.44 & 93 & \$ 1,900.92 \\\hline \text { Screws } & \text { S102 } & \$ 5.44 & 27 & \$ 146.88 \\\hline\end{array}$
-Which of the following observations is closest to the third quartile?

• A) 35 N102 nuts for $190.40
• B) 59 S103 screws for $556.96
• C) 13 N103 nuts for $22.62
• D) 2 NG102 nailgun packs for $550.90

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Definitions:

Variable Rate

A variable rate refers to an interest rate that changes periodically over the life of a loan or financial instrument based on an underlying benchmark interest rate or index.

Mortgage Notes

Legal documents that bind a borrower to repay a lender for a property loan, detailing the terms of the loan agreement.

Fluctuating

Experiencing frequent, irregular changes in level, quantity, or value.

Negotiable Instruments

Financial documents that promise payment to the holder under specific conditions, including checks, promissory notes, and bills of exchange.