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The Following Histogram Represents the Distribution of Acceptance Rates (Percent

question 32

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The following histogram represents the distribution of acceptance rates (percent accepted) among 25 business schools in 2004. In each class interval, the left endpoint but not the right is included, so the class intervals are 10 rate < 15, 15 rate < 20, etc. The following histogram represents the distribution of acceptance rates (percent accepted)  among 25 business schools in 2004. In each class interval, the left endpoint but not the right is included, so the class intervals are 10 <font face= symbol ></font> rate < 15, 15 <font face= symbol ></font> rate < 20, etc.   What is the approximate spread of the data? A) 25 B) 30 C) 40 D) 50 What is the approximate spread of the data?

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Definitions:

Online Retailer

A business that sells goods or services over the internet, offering products directly to consumers through digital platforms.

Price Continuum

The range of prices across different products or services in a market, from the lowest to the highest, reflecting the variety of value propositions and customer segments.

Bell Curve

A graphical depiction of a normal probability distribution, characterized by its bell-shaped curve, indicating a range and frequency of values.

Direct Retailing

The process of selling products directly to the consumer, bypassing any intermediary channels such as wholesalers or physical retailers.

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