Use the Following Information to Answer the Question

question 59

Multiple Choice

Use the following information to answer the question. The economic impact of an industry, such as sport fishing, can be measured by the retail sales it generates. In 2006, the economic impact of great lakes fishing in states bordering the great lakes had a mean of $318 and a standard deviation of $83.5. Note that all dollar amounts are in millions of dollars. Assume
the distribution of retail sales is unimodal and symmetric. (Source: National Oceanic and Atmospheric Administration) .
-A school board member says, "The typical bus ride to school for a student living in the city limits is more than the bus ride to school for a student living in the suburbs." What does this statement mean?

• A) There is less variation in the bus ride times of those living in the suburbs.
• B) The center of the distribution of bus ride times for a city-dweller is more than the center of the distribution for those living in the suburbs
• C) All students living in the city spend less time riding the bus to school than those living in the suburbs.
• D) If you are a student living in the city limits you will have a shorter commute time.

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Definitions:

Notice of Dishonor

A formal notification given to parties involved that a negotiable instrument, like a check, has been dishonored or refused for payment.

Big Bank

A term often used to refer to the largest banks in a particular region or country, which have a significant impact on the overall banking and financial system.

Fiber Optic Cable

A Fiber Optic Cable is a network cable that contains strands of glass fibers inside an insulated casing, designed for long-distance, high-performance data networking and telecommunications.

Construction Worker

An individual employed in the physical construction of buildings and infrastructure projects.