Ten Households Were Asked How Many Pets They Currently Own

question 45

Multiple Choice

Ten households were asked how many pets they currently own. The results are shown below. What is the IQR for this set of data?

• A)1
• B)2
• C)3

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Definitions:

Domestic Market

The availability and need for products and services inside the boundaries of a nation.

Surplus

A situation where the quantity of a product or resource exceeds the quantity demanded or utilized.

Producer Surplus

The difference between what producers are willing to accept for a good or service versus what they actually receive, reflecting additional benefit to producers.

Tariff

A tariff is a tax imposed by a government on imported or exported goods, often used to protect domestic industries or to generate revenue.