Find the Mode(s)for the Given Sample Data $\begin{array}{lllll}7.2 & 7.0 & 7.2 & 7.4 & 7.5 \\7.5 & 6.5 & 8.0 & 8.1 & 7.4 \\8.7 & 7.0 & 7.5 & 8.9 & 7.5\end{array}$

question 62

Multiple Choice

Find the mode(s) for the given sample data.
-Bill kept track of the number of hours he spent exercising each week. The results for 15 weeks are shown below. Find the midrange.
$\begin{array}{lllll}7.2 & 7.0 & 7.2 & 7.4 & 7.5 \\7.5 & 6.5 & 8.0 & 8.1 & 7.4 \\8.7 & 7.0 & 7.5 & 8.9 & 7.5\end{array}$

• A)7.5
• B)7.60
• C)2.4
• D)7.70

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Definitions:

Investment

The act or method of distributing resources, typically funds, with the aim of earning a return or gaining financial profit.

Capital

Financial assets or the financial value of assets, such as funds held in deposit accounts, as well as the tangible machinery and production equipment used in environments such as factories.

Tangible Capital

Physical assets possessed by a business that are used in producing goods or services, such as buildings or machinery.

Inventory

The total amount of goods or materials contained in a store or factory at any given time.