Provide an Appropriate Response $$0.05,0.00 , - 0.03 , - 0.01,0.18,0.00,0.02,0.29,0.00 , - 0.07,0.10,0.07,0.03$$

question 112

Essay

Provide an appropriate response.
-The selling prices of mutual funds change daily. In order to study these changes, a sample of mutual funds was examined and the daily changes in price are listed below.
$$0.05,0.00 , - 0.03 , - 0.01,0.18,0.00,0.02,0.29,0.00 , - 0.07,0.10,0.07,0.03$$
Determine the lower and upper fences. Are there any outliers according this criterion?

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Definitions:

Statute Of Frauds

A legal principle that requires certain types of contracts to be in writing to be enforceable.

Formation

The process of creating or establishing a new business, organization, or legal entity.

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refers to the principle of granting all people the same legal rights, without discrimination on the basis of characteristics such as race, gender, or religion.

General Partnership

A type of business partnership where two or more partners share unlimited liability for the debts and obligations of the business.