A Recent Report Evaluated the Price and Performance of 25

question 36

Multiple Choice

A recent report evaluated the price and performance of 25 models of smartphones. Computer output gives the summary statistics for the prices ($) shown in the table.
The IQR for these data is $$\begin{array} { | c | c | c | c | c | c | c | } \hline \text { Min } & \text { Q1 } & \text { Median } & \text { Q3 } & \text { Max } & \text { Mean } & \text { SD } \\\hline 50 & 85 & 108 & 227 & 550 & 120.75 & 42.08 \\\hline\end{array}$$

• A) $ 142
• B) $ 58
• C) $ 323
• D) $ 442
• E) $ 500

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Definitions:

Counterfactual Thinking

Imagining alternatives to past or present events or circumstances.

Illusory Correlation

The perception of a relationship between two variables when none exists, often leading to confirmation of erroneous beliefs.

Magical Thinking

The belief that one's thoughts, words, or actions can influence the outcome of events in the physical world in a manner not governed by the laws of physics or logic.

Theory Perseverance

The persistence of one's initial beliefs, even in the face of contradicting evidence or after the evidence for their foundation has been discredited.