Find the Median for the Given Sample Data $\begin{array} { l l l l } 28 & 30 & 28 & 31 \end{array}$

question 160

Multiple Choice

Find the median for the given sample data.
-The number of vehicles passing through a bank drive-up line during each 15-minute period was recorded. The results are shown below. $\begin{array} { l l l l } 28 & 30 & 28 & 31 \end{array}$
$\begin{array} { l l l l } 31 & 28 & 33 & 30 \end{array}$
$\begin{array} { l l l l } 38 & 34 & 34 & 32 \end{array}$
$\begin{array}{llll}27 & 34 & 28 & 23\end{array}$
$\begin{array}{llll}18 & 30 & 30 & 30\end{array}$

• A)31 vehicles
• B) 34 vehicles
• C) 30 vehicles
• D) 29.85 vehicles

Comprehend the concept of standard deviation and its application in evaluating the risk of a portfolio.

Grasp the concepts of market risk premium, risk-free rate, and their roles in the investment decision-making process.

Learn the principle of diversification and its impact on portfolio risk.

Recognize and differentiate between systematic (non-diversifiable) and unsystematic (diversifiable) risks.

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Definitions:

National Income

The total value of all goods and services produced by a country's economy over a specific period, often used to gauge economic health.

Top 1 Percent

Refers to the wealthiest 1% of the population, often highlighted in discussions of income inequality and economic policy.

American Founding

The historical period during which the original Thirteen Colonies declared independence from Britain and established the United States.

Declaration Of Independence

A historic document drafted by Thomas Jefferson, declaring the thirteen American colonies' independence from British rule in 1776.