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The Sample Data Below Shows the Number of Hours Spent

question 61

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The sample data below shows the number of hours spent by 5 students over the weekend to prepare for Monday's Business Statistics exam. The sample data below shows the number of hours spent by 5 students over the weekend to prepare for Monday's Business Statistics exam.   The 75<sup>th</sup> percentile of the data is closest to: A) 3 hours B) 4.5 hours C) 8.5 hours D) 10 hours The 75th percentile of the data is closest to:


Definitions:

Constant

A situation or variable in economics that does not change, or a fixed quantity within a particular analysis.

Infinite

A concept or quantity that has no end or limit, often used in mathematics, physics, and discussing concepts with no bounds.

Positive

In economics, it often refers to statements or propositions that can be tested and validated against real-world data, as opposed to normative, which are value-based.

Infinite

A term used to describe a quantity without bounds or end, often used in mathematics and physics to describe an unquantifiably large magnitude.

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