Interpret Displays of Distributions

question 12

Multiple Choice

Interpret displays of distributions.
-The following boxplots show monthly sales revenue figures ($ thousands) for a
Discount office supply company with locations in three different regions of the U.S.
(Northeast, Southeast, and West) . Which of the following statements is true?

• A) The northeast has the lowest mean sales revenue.
• B) The southeast has the lowest median sales revenue.
• C) The west has the lowest mean sales revenue.
• D) The west has the lowest median sales revenue.
• E) None of the above.

---

Definitions:

Objectively

In a manner that is not influenced by personal feelings or biases, based on factual and unbiased considerations.

Labor

The human effort, both physical and mental, used in the production of goods and services.

Positive Economics

Positive Economics is the branch of economics that deals with the description and explanation of economic phenomena, focusing on factual and cause-and-effect relationships.

Economic Variables

Quantitative measures that represent aspects of the economy or a company and can change over time, such as GDP, inflation rate, and unemployment rate.