Given the Following Information,what Is the Price Per Troy Ounce

question 2

Multiple Choice

Given the following information,what is the price per troy ounce that will be used for today's marking-to-market for the December silver contract?
Silver - 5,000 troy oz.:
Dollars and cents per troy oz. $$\begin{array} { | r | r | r | r | r | r | } \hline & \text { Open } & \text { High } & \text { Low } & \text { Settle } & \text { Chg } \\\hline \text { Dec } & 10.185 & 10.225 & 9.530 & 10.220 & - 0.605 \\\hline \text { Mar } & 10.190 & 10.250 & 9.600 & 10.244 & - 0.564 \\\hline\end{array}$$

• A)$9.53
• B)$9.60
• C)$10.185
• D)$10.190
• E)$10.220

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Definitions:

Significant

Indicating that the observed findings in data are unlikely to have occurred by chance, according to a predetermined threshold.

Marginal Mean

The mean value of a variable in a dataset, considering all levels of other variables in a multi-way table or factorial design.

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A specific geographic location identified as having a higher incidence of criminal activities compared to other areas.

Means

Refers to the arithmetic averages of data sets, representing the central or typical value in those sets.