Provide an Appropriate Response $$\begin{array} { l l l l l l } 51 & 54 & 64 & 68 & 72 & 74 \\76 & 83 & 94 & 94 & 99 &\end{array}$$

question 73

Multiple Choice

Provide an appropriate response.
-When finding percentiles, if the locator L is not a whole number, one procedure is to interpolate so that a locator of 23.75, for example, leads to a value that is 3/4 of the way between the 23rd and 24th scores. Use this method
Of interpolation to find P75 for the set of test scores below. $$\begin{array} { l l l l l l } 51 & 54 & 64 & 68 & 72 & 74 \\76 & 83 & 94 & 94 & 99 &\end{array}$$

• A) 94
• B) 83
• C) 88.5
• D) 85.75

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Definitions:

Dealer

An individual or firm in the financial services industry who buys and sells securities for their own account, whether through a broker or otherwise.

Buy and Sell

The basic actions in trading and investing where "buy" refers to acquiring an asset, and "sell" indicates disposing of an asset.

Bid-Asked Spread

The difference between the highest price a buyer is willing to pay for an asset and the lowest price a seller is willing to accept.

Broker's Commissions

Fees charged by a broker for executing transactions or providing specialized services.