Twichell Inc

question 46

Multiple Choice

Twichell Inc., a local retailer, has provided the following data for the month of December:
-The net operating income for December was:

• A) $93,000
• B) $159,000
• C) $90,000
• D) $156,000

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Definitions:

Median

The middle value in a sorted, ascending or descending, list of numbers.

Frequency Distribution

A statistical representation showing how often various outcomes occur within a set of data, often displayed as a table or graph.

Data Set

A collection of related data points that are treated as a single unit for processing and analysis.

Frequency Distribution

a statistical representation showing the number of observations within a given interval.