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

question 39

Multiple Choice

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


Definitions:

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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