The Following Line Graph Shows the Expenses for Two Salespeople

question 29

Short Answer

The following line graph shows the expenses for two salespeople of the Leadwell Pencil Company. Which salesperson has more variability in his or her expenses?

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Definitions:

Treasury Bond Futures

Contractual agreements to buy or sell a specified amount of U.S. Treasury bonds at a future date and price.

Interest Rates

The percentage of an amount of money which is charged for its use per a given period, typically expressed as an annual percentage.

S&P 500 Index

An American stock market index based on the market capitalizations of 500 large companies listed on the NYSE or NASDAQ.

Foreign Currency Futures

A standardized contract to buy or sell a specific currency at a specified price on a future date, used for hedging or speculation on currency movements.