Roxy Is Evaluating a Treasury Bill

question 19

Multiple Choice

Roxy is evaluating a Treasury Bill.It is a $1 million face value with a discount of 2.75% and maturing in 182 days.What is the dollar discount?

• A) $13,902.78
• B) $2,750.00
• C) $3,475.69
• D) $8,639.38

---

Definitions:

Central Tendency

A numerical value that summarizes an entire data distribution by identifying a central point, like the average, midpoint, or most frequent value.

Skewed Distributions

This refers to probability distributions where the values are not symmetrically distributed around the mean, often leading to a longer tail on one side of the distribution.

Three Decimal Places

Refers to the precision of a number formatted or rounded to include three digits to the right of the decimal point.

Outliers

Values in a data set that are significantly higher or lower than the majority of the data, potentially indicating anomalies.