Given the Following Data Set, What Is the Ranking of the Data

question 38

Multiple Choice

Given the following data set, what is the ranking of the data value 15? Presume that lowerdata values rank ahead of higher data values.
16, 18, 12, 19, 15, 20, 13, 18

• A) 3
• B) 6
• C) 5
• D) 4

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Definitions:

Investor's Choice

The selection made by an investor regarding where, how, and in what to invest their money, based on factors like risk, return, and personal objectives.

Risk

The potential for losing something of value or the uncertainty regarding the outcome of an action, often associated with the potential for financial loss.

Expected Return

The probable gain or loss one expects from an investment, taking into account both the probability and the magnitude of returns.

Stock Prices

represent the current market value of a share of a company's stock, influenced by investor demand, company performance, and market conditions.