-Refer to Exhibit 12

question 38

Multiple Choice

-Refer to Exhibit 12.1. $50,000 represents the ____ in the figure above.

• A) median.
• B) sixtieth percentile.
• C) third quartile.
• D) seventieth percentile.
• E) None of the above.

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Definitions:

Chance Selection

A method of selection that relies on random outcomes where each option has an equal chance of being chosen.

Research Group

A team of experts conducting studies and investigations in a particular field of knowledge.

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Primary Research

The process of collecting new and original data directly from sources, as opposed to analyzing existing data.