The Reaction Time (In Seconds) to a Stop at a Red

question 237

Multiple Choice

The reaction time (in seconds) to a stop at a red light for a group of adult men was found to be
0.74, 0.71, 0.41, 0.82, 0.74, 0.85, 0.99, 0.71, 0.57, 0.85, 0.57, 0.55

-What is the third quartile?

• A)0.752
• B)0.552
• C)0.85
• D)0.835
• E)0.57

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Definitions:

Foreign Currency Option

A financial derivative that gives the holder the right, but not the obligation, to exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date.

Fair Value

The cost at which one could sell an asset or assume a liability in a structured exchange with market participants on the valuation date.