The Temperature Fluctuated Between a Low of 73°F and a High

question 180

Multiple Choice

The temperature fluctuated between a low of 73°F and a high of 89°F. Which of the following could be calculated using just this information?

• A) variance
• B) median
• C) standard deviation
• D) range

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Definitions:

Cash Price

The amount of money required to purchase a good or service using cash, as opposed to credit terms or financing.

Trade-In Allowance

An amount credited to the buyer by the seller for a trade-in, which is applied to the purchase price of a new item.

Accumulated Depreciation

The total depreciation for a fixed asset that has been charged to expense since that asset was acquired and made available for use.

Cash Price

The price of an item for immediate payment, as opposed to a higher price when paying on credit.