An Example of Raw Data from a National Chain of Automobile

question 81

Multiple Choice

An example of raw data from a national chain of automobile stores would be:

• A)average of 13 Toyotas sold daily in Kentucky in 2007.
• B)300 Toyota RAV4s sold during fourth quarter 2007 in Kentucky.
• C)1 Toyota RAV4 sold January 7, 2008 in Louisville, Kentucky - $28000.
• D)annual sales of Toyota RAV4s increased 2.4 percent.

---

Definitions:

Enforceability

Refers to the ability of a legal agreement to be upheld or enforced in a court of law.

Quality

The degree to which a product, service, or process meets specified standards or user expectations.

Fact

A piece of information that is verifiably true and can be proven with evidence or data.

Material Fact

Any fact that is significant or essential to the subject at hand, which, if known, could influence a decision in a legal or financial transaction.