Each Day for Twenty Days a Record Store Owner Counts

question 22

Multiple Choice

Each day for twenty days a record store owner counts the number of customers who purchase an album by a certain artist. The data and a dotplot of the data are shown below:
Data set: 1, 3, 4, 4, 5, 6, 7, 2, 3, 4, 4, 5, 6, 8, 2, 3, 4, 5, 6, 7, 9 Which of the following statements can be made using the given information?

• A) During the twenty days when the record store owner collected data, there were some days when no one purchased an album by the artist.
• B) On the first day of collecting data the record store owner had one person purchase an album by the artist.
• C) The dotplot shows that this data has a roughly bell-shaped distribution.
• D) None of these

Recognize rationalization as a step toward unethical behavior and its implications.

Grasp why ethics is fundamental to effective leadership and decision-making.

Identify the core elements that constitute ethics within organizations.

Understand the importance and role of a whistleblower in maintaining an ethical climate.

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Definitions:

Portfolio Weight

The fraction of a portfolio's total value that is invested in a particular asset.

Stock A

A hypothetical designation for a particular equity security in examples relating to stock market discussions.

Expected Return

The predicted average of all possible returns for an investment, considering both risk and reward.

Beta

A measure of a stock's volatility in relation to the overall market; a beta above 1 indicates greater volatility than the market, while a beta below 1 indicates less.