Enteroliths Are Calcifications That Form in the Gut of a Horse

question 13

Multiple Choice

Enteroliths are calcifications that form in the gut of a horse. The stones can cause considerable morbidity and mortality. A study was conducted to investigate factors (such as diet and environment) that may be related to the formation of enteroliths. The study contained seven stallions; their ages (in years) are as follows: The youngest stallion, at 4 years old, is:

• A)an outlier, because it is more than 15 years below the lower quartile.
• B)an outlier, because it is the minimum.
• C)not an outlier, because it is less than 15 years below the lower quartile.
• D)not an outlier, because it is a positive value.

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Definitions:

Annuities

Financial products sold by financial institutions that are designed to accept and grow funds from an individual and then, upon annuitization, pay out a stream of payments to the individual at a later point in time.

Present Value

The current financial value of money to be obtained in the future or upcoming cash flow payments, quantified by a particular rate of return.

Cash Flows

The total amount of money being transferred in and out of a business, especially as affecting liquidity.

Investment

The expenditure of money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property.