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Given the following data set, what is the ranking of the data value 28? Presume that lower data values rank ahead of higher data values.
31, 28, 21, 27, 38, 33, 16, 28
Costs
The expense required for something; the money spent on or needed for a project, product, or service.
Profit-Seeking Decision Maker
An individual or entity focused on making decisions that are expected to result in the highest possible profit.
Entrepreneur
An individual who organizes and operates a business venture, taking on greater than normal financial risks in order to do so.
Business Projects
Specified endeavors undertaken by businesses to achieve specific objectives, often within a set timeline and budget.
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