(I the Median for the Distribution of Number of Sales

question 91

Multiple Choice

(i. The median for the distribution of number of sales per hour is 5 sales per hour.
(ii. The first quartile for the distribution of number of sales per hour is 4 sales per hour.
(iii) For the distribution of number of sales per hour, 50% of the observations are between 4 and 6.5.

• A) (i), (ii) and (iii) are all correct statements
• B) (i) and, (ii) are correct statements but not (iii).
• C) (i) and, (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements, but not (i).
• E) (i), (ii) and (iii) are all false statements.

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Definitions:

Rational Choice Model

An economic principle that assumes individuals always make prudent and logical decisions that provide them with the highest personal utility.

Well-being

A holistic measure encompassing the emotional, physical, mental, and social health of individuals or communities.

Appropriate Bargaining Unit

A group of employees with a clear and identifiable community of interests, recognized by a labor organization or by legal authorities, as being suitable for collective bargaining purposes.

Supervisory

Relating to a role or position with the authority to oversee and direct the work of others, often within a workplace setting.