Find the Midrange for the Given Sample Data $$\$ 476\quad \$ 477 \quad\$ 645 \quad\$ 334 \quad\$ 667 \quad\$ 237$$

question 113

Multiple Choice

Find the midrange for the given sample data.
-Compute the variance. To get the best deal on a microwave oven, Jeremy called six appliance stores and asked the cost of a specific model. The prices he was quoted are listed below: $$\$ 476\quad \$ 477 \quad\$ 645 \quad\$ 334 \quad\$ 667 \quad\$ 237$$

• A)40,214.5
• B)28,452.3
• C)23,710.2
• D)28,452.2

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Definitions:

Actual Authority

The explicit power given to an agent or representative by a principal, allowing them to make decisions and act on the principal's behalf.

Apparent Authority

Apparent authority refers to a situation where a person appears to have the authority to act on behalf of another (such as an employer) even if no actual authority has been granted, leading others to reasonably believe in that authority.

Mutual Agreement

An accord reached by two or more parties who have made concessions to each other to resolve a conflict or reach a decision.

Notified

Informed or made aware, often in a formal or official manner.