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Scenario - QT.com
Faced with rapidly growing business, Quick Trade, Inc., a global brokerage company with the largest market share, recently announced that they have established an on-line stock investment and trading subsidiary, QT.com, where investors can trade stocks at the lowest rates in the industry. The .com subsidiary has less than one percent market share but it faces a very high business growth rate. In the brokerage industry the competition is fierce and all players are cutting their on-line commission rates.
-Quick Trade's traditional brokerage business could be classified as a
Range
Range in statistics refers to the difference between the highest and lowest values in a dataset, indicating the spread of the data.
Interquartile Range
The statistical measure of middle fifty percent of a data set, calculated as the difference between the 75th and 25th percentiles.
Test Scores
Quantitative measurements that represent a person's level of achievement or proficiency in a given subject or skill.
Precipitation
Any form of water, liquid or solid, that falls from the atmosphere and reaches the ground.
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