Solve the Problem $\begin{array} { l l l l } 227 & 239 & 215 & 219 \end{array}$

question 77

Multiple Choice

Solve the problem.
-The attendance counts for this season's basketball games are listed below.
$\begin{array} { l l l l } 227 & 239 & 215 & 219 \end{array}$
$\begin{array} { l l l l } 221 & 233 & 229 & 233 \end{array}$
$\begin{array} { l l l l } 235 & 228 & 245 & 231 \end{array}$
Use the data to construct a stem-and-leaf plot.

• A)
• \(\begin{array}{l|l}
• 21 & 579 \\
• 22 & 189 \\
• 23 & 1359 \\
• 24 & 5
• \end{array}\)
• B)
• \(\begin{array}{l|l}
• 21 & 59 \\
• 22 & 189 \\
• 23 & 1359 \\
• 24 & 5
• \end{array}\)
• C)
• \(\begin{array}{l|l}
• 21 & 59 \\
• 22 & 1789 \\
• 23 & 13359 \\
• 24 & 5
• \end{array}\)
• D)
• \(\begin{array} { l | l }
• 21 & 579 \\
• 22 & 189 \\
• 23 & 13359 \\
• 24 & 5
• \end{array}\)

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Definitions:

Entry Barriers

Entry Barriers are obstacles that make it difficult for new entrants to enter an industry, protecting existing firms from competition.

Oligopoly

An oligopoly is a market structure dominated by a few large firms, leading to limited competition and possibly collaborative behavior to control prices and market share.

Increasing Returns To Scale

Long-run average total cost declines as output increases (also referred to as economies of scale).

Barriers To Entry

Obstacles that make it difficult for new competitors to enter a market, such as high start-up costs or strict regulations.