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A Business Owner Recorded Her Annual Profits for the First 013390238247\begin{array} { l } 0133 \\9 \\\\023 \\8 \\\\24 \\7\end{array}

question 7

Multiple Choice

A business owner recorded her annual profits for the first 12 years since opening her business in 1993.The stem-and-leaf display below shows the annual profits in thousands of dollars.Use both the stemplot and timeplot to describe the distribution. Annual Profit Totals 8
7
6
5
4
3
2
1 013390238247\begin{array} { l } 0133 \\9 \\\\023 \\8 \\\\24 \\7\end{array} Key:
79=$79,000 profit 7 \mid 9 = \$ 79,000 \text { profit }  A business owner recorded her annual profits for the first 12 years since opening her business in 1993.The stem-and-leaf display below shows the annual profits in thousands of dollars.Use both the stemplot and timeplot to describe the distribution. Annual Profit Totals 8 7 6 5 4 3 2 1  \begin{array} { l }  0133 \\ 9 \\\\ 023 \\ 8 \\\\ 24 \\ 7 \end{array}  Key:  7 \mid 9 = \$ 79,000 \text { profit }    A) The distribution of the business owner's profits is skewed to the left,and is unimodal,with gaps in between.The centre is at around $50,000.The timeplot shows that the profits grew from 1993 to 1994,and were relatively steady from 1994 to 1998.After 1998,the profits declined significantly compared with those between 1993 and 1998. B) The distribution of the business owner's profits is skewed to the left,and is multimodal,with gaps in between.One mode is at around $80,000,another at around $50,000,and a third mode at around $20,000.The timeplot shows that the profits grew from 1993 to 1994,and were relatively steady from 1994 to 2001.After 2001,the profits declined significantly compared with those between 1994 and 2001. C) The distribution of the business owner's profits is skewed to the right,and is multimodal,with gaps in between.One mode is at around $80,000,another at around $50,000,and a third mode at around $20,000.The timeplot shows that the profits grew from 1993 to 1994,and were relatively steady from 1994 to 1998.After 1998,the profits declined significantly compared with those between 1993 and 1998. D) The distribution of the business owner's profits is skewed to the left,and is multimodal,with gaps in between.One mode is at around $80,000,another at around $50,000,and a third mode at around $20,000.The timeplot shows that the profits grew from 1993 to 1994,and were relatively steady from 1994 to 1998.After 1998,the profits declined significantly compared with those between 1993 and 1998. E) The distribution of the business owner's profits is skewed to the left,and is unimodal,with gaps in between.The centre is at around $50,000.The timeplot shows that the profits grew from 1993 to 1994,and were relatively steady from 1994 to 2001.After 2001,the profits declined significantly compared with those between 1994 and 2001.

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Definitions:

Relevance

The degree to which something is related or useful to the matter at hand.

Scope

The extent or range of view, reach, application, effectiveness, or influence of an object, discussion, or analysis.

Range

The difference between the highest and lowest values in a set of numbers, indicating the spread or dispersion.

Theory

A system of ideas intended to explain something, based on general principles independent of the thing to be explained, often tested and grounded in evidence.

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