Exhibit 2-1 The Numbers of Hours Worked (Per Week)by 400 Statistics Students

question 24

Multiple Choice

Exhibit 2-1
The numbers of hours worked (per week) by 400 statistics students are shown below.

-Refer to Exhibit 2-1.The number of students working 19 hours or less

• A)is 80
• B)is 100
• C)is 180
• D)is 300

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Definitions:

Higher Returns

Higher Returns denote the increased earnings or gains achieved from an investment, surpassing the original amount invested.

Higher Risk

Higher risk denotes investments or actions that have a greater chance of loss or volatility, often associated with potentially higher returns.

Tax Rates

Percentages at which income, property, or sales are taxed by the government.

Required Rate

The minimum return that investors demand for investing in a specific asset or undertaking a project.