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

question 16

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The boxplots show prices of used cars (in thousands of dollars) advertised for sale at three different car dealers.Which dealer's prices have the smallest IQR, and what is it? The boxplots show prices of used cars (in thousands of dollars)  advertised for sale at three different car dealers.Which dealer's prices have the smallest IQR, and what is it?   A) CarZ: $3000. B) CarZ: $8000. C) Ace: $5000. D) BuyIt: $5000. E) Cannot say from boxplots only.

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Definitions:

Promissory Note

A legally binding written agreement in which one party promises to pay a specified sum of money to another.

Endorses

To endorse is to support, approve, or recommend something, or in the context of checks, to sign the back of a check to authorize its transfer or cashing.

Dishonor

Refers to the refusal by a bank to pay a check or draft presented for payment, usually due to insufficient funds.

Ratification

The approval or formal sanctioning of an agreement or act, often making it officially valid.

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