The Sample Data Below Shows the Number of Hours Spent

question 81

Multiple Choice

The sample data below shows the number of hours spent by five students over the weekend to prepare for Monday's Business Statistics exam. (See the Excel Data File.) The 75^th percentile of the data is the closest to ________.

• A) 3 hours
• B) 4.5 hours
• C) 8.5 hours
• D) 10 hours

Differentiate between various types of negotiable instruments (e.g., checks, notes, drafts).

Comprehend the roles and responsibilities of parties involved in negotiable instruments.

Explain the characteristics that affect the negotiability of an instrument.

Recognize the difference between order instruments and bearer instruments.