The Boxplots Show Prices of Used Cars (In Thousands of Dollars)

question 5

Multiple Choice

The boxplots show prices of used cars (in thousands of dollars) advertised for sale at three different car dealers.Which dealer has the lowest median price, and how much is it?

• A)Ace: $15000.
• B)BuyIt: $8000.
• C)CarZ: $12000.
• D)BuyIt: $10000.

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Definitions:

Repurchase Shares

the act of a company buying back its own shares from the marketplace, reducing the amount of outstanding stock.

Corporate Board

A body of persons chosen by stockholders to supervise and make key decisions for a company's management.

Policy

A deliberate system of principles to guide decisions and achieve rational outcomes, often enacted by an organization or government.

Dividends

Profits distributed by a company to its shareholders, usually derived from the company's earnings.