TABLE 2-5 The Following Are the Duration in Minutes of a Sample

question 181

Multiple Choice

TABLE 2-5
The following are the duration in minutes of a sample of long-distance phone calls made within the continental United States reported by one long-distance carrier.
-Referring to Table 2-5, if 10 calls lasted 30 minutes or more, how many calls lasted less than 5 minutes?

• A) 10
• B) 185
• C) 295
• D) 500

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Definitions:

Debit Account

An account that records expenses or assets, increasing with a debit entry and decreasing with a credit entry.

Traveler's Checks

Preprinted, fixed-amount checks designed to allow the person signing them to pay for goods or services in a foreign currency securely.

FDIC

The Federal Deposit Insurance Corporation is a United States government agency that protects depositors in the event of a bank failure, insuring deposits up to a specified limit.

Financial Well Being

A state where an individual has a stable financial condition, able to meet current and future expenses, and feels secure in their financial future.