Choose the Word or Phrase in [ ] Which Will

question 110

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Financial institutions [must pay at least a federally mandated minimum interest rate | may pay any interest rate they want] on their certificates of deposit.

---

Definitions:

Interquartile Range

The difference between the 75th and 25th percentiles of a data set, representing the spread of the middle 50% of values.

25th Percentile

The value below which 25% of the observations in a group of data fall, commonly referred to as the first quartile.

75th Percentile

A value below which 75% of the data falls, often used in statistical analysis to measure data distribution.

Box Plot

A graphical representation of data that shows the distribution's minimum, maximum, median, and quartiles.