The Following Boxplots Show Monthly Sales Revenue Figures ($ Thousands)

question 8

Multiple Choice

The following boxplots show monthly sales revenue figures ($ thousands) for a discount office supply company with locations in three different regions of the U.S.
(Northeast, Southeast, and West) . Which of the following statements is false?

• A) The West has the most variable sales revenues.
• B) The West has the largest IQR.
• C) The Southeast has the smallest IQR.
• D) The Northeast has the most variable sales revenues.
• E) The Southeast has the least variable sales revenues.

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Definitions:

Net Income

The amount of profit that remains after all operating expenses, taxes, and interest have been deducted from total revenue.

Random Variable

A variable that can take on different values randomly, subject to a certain probability distribution.

Net Income

The amount of money a company earns after deducting all its expenses, taxes, and costs from its total revenue.

Random Variable

A numerical variable influenced by the outcomes of a random phenomenon.