Consider the Five Number Summary of Hourly Wages ($) for a Sample

question 13

Multiple Choice

Consider the five number summary of hourly wages ($) for a sample of sales managers.

The range for these data is ________________________ .

• A)$11.70
• B)$46.17
• C)$67.11
• D)$20.94
• E)$44.77

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Definitions:

Interest Rate

The percentage of a sum of money charged for its use, usually expressed as an annual percentage.

Net Capital Outflow

The difference between the domestic purchase of foreign assets and the foreign purchase of domestic assets.

Loanable Funds

The total amount of funds available in the financial markets for borrowing, which determines the market interest rates.

U.S. Grocery Chain

A set of related supermarkets or grocery stores operating under a similar brand or management in various locations across the United States.