Use the following data to answer the question. Here are the scores on a recent statistics midterm exam (Scores have been listed from lowest to highest). A histogram showing the distribution is also included.
-Choose the most appropriate measure of variability for the data and calculate it. Explain why you chose the measure of variability that you did. Round all calculations to the nearest tenth if necessary.
Definitions:
Bond Interest Expense
The cost incurred by an issuer of bonds for the interest payments made to bondholders.
Interest Payment
The amount paid by a borrower to a lender for the use of borrowed money, typically expressed as an annual percentage of the loan balance.
Stated Interest Rate
The interest rate explicitly mentioned in the contract of a debt instrument, not taking into account compounding or any additional fees.
Yield Rate
The return on an investment, expressed as a percentage, accounting for the interest or dividends received from holding the investment.
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