The Local Amusement Park Was Interested in the Average Wait

question 83

Multiple Choice

The local amusement park was interested in the average wait time at their most popular roller coaster at the peak park time (2 p.m. ) .They selected 13 patrons and had them get in line between 2 and 3 p.m.Each was given a stop watch to record the time they spent in line.The times recorded were as follows (in minutes) 118,124,108,116,99,120,148,118,119,121,45,130,118 What is the 10^th percentile?

• A)100.8
• B)119.8
• C)128.8
• D)112
• E)122.5

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Definitions:

Three-Party Agreement

A contract involving three distinct parties, each undertaking specific obligations or rights.

Co-Signs

refers to the act of signing a loan or agreement alongside another person, assuming joint responsibility for the obligation.

Statute of Frauds

A legal principle that requires certain types of contracts (e.g., real estate transactions, contracts not to be performed within a year) to be in writing and signed by the parties to be enforceable.

Credit

A contractual agreement in which a borrower receives something of value now and agrees to repay the lender at a later date, generally with interest.