One Hundred Students Are Shown an Eight-Digit Number on a Piece

question 8

Multiple Choice

One hundred students are shown an eight-digit number on a piece of cardboard for three seconds and are asked to then recite the number from memory. The process is repeated until the student accurately recites the entire number from memory. The following histogram presents the number of trials it took each student to memorize the number
How many students memorized the number in three trials or less?

• A)16
• B)86
• C)14

---

Definitions:

Widely Held Company

A corporation whose ownership is distributed over a large number of people with no single individual or group having a significant proportion.

Stockholders

Owners of shares in a company and thus, hold equity interest, enjoying benefits like dividends and voting rights.

Return On Preferred Stock

The dividend paid on preferred stock divided by the price of the preferred stock, representing the earnings returned on investments in preferred shares.

Stock Decreases

A decrease in the market price of a company's shares.