Use the Range Rule of Thumb to Estimate the Standard $\begin{array}{llllllll}181.0 & 180.6 & 189.2 & 182.2 & 175.6 & 180.0 & 177.9 & 181.8\end{array}$

question 41

Multiple Choice

Use the range rule of thumb to estimate the standard deviation. Round results to the nearest tenth.
-The race speeds for the top eight cars in a 200-mile race are listed below. $\begin{array}{llllllll}181.0 & 180.6 & 189.2 & 182.2 & 175.6 & 180.0 & 177.9 & 181.8\end{array}$

• A) 6.8
• B) 3.4
• C) 7.5
• D) 1.1

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Definitions:

Net Income

The profit a company holds onto after subtracting expenses and taxes from its accumulated revenues.

Common Stock

A type of equity security that represents ownership in a corporation, providing voting rights and a residual claim on corporate earnings and assets.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's earnings, distributed according to the number of shares each owns.

Income Statement

A financial report that shows a company’s revenues, expenses, and profit over a specified period of time.