To Locate the Range in Which the Middle 80% of the Class

question 24

Multiple Choice

To locate the range in which the middle 80% of the class scored on an exam, you would want to see which percentiles?

• A) the 0^th and 80^th percentiles
• B) the 10^th and 90^th percentiles
• C) the 20^th and 80^th percentiles
• D) the 25^th and 75^th percentiles

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Definitions:

Ration Coupons

Documents or certificates that allow the holder to purchase a certain amount of a product, used especially during shortages to ensure fair distribution.

Government-mandated Increase

A requirement imposed by the government that results in a rise, often relating to wages, prices, or taxes.

Demand and Supply Curves

Graphs used in economics to illustrate the relationship between how much of a good or service is desired by buyers (demand) and how much is available from suppliers (supply) at various prices.

Product Market

A market in which products are sold by firms and bought by households.