Consider the Following to Answer the Question(s) Below

question 2

Multiple Choice

Consider the following to answer the question(s) below:
Below is a histogram and the five-number summary for salaries (in $) for a sample of marketing managers.
-The upper and lower "fences" for a boxplot of these data are

• A) $47,636 and $113,807.
• B) $43,934.5 and $110,105.5.
• C) $54,963 and $99,077.
• D) $36,607.5 and $124,835.5.
• E) $58,664.5 and $102,778.5.

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Definitions:

Economic Value

A measure of the worth of goods or services based on their ability to fulfill needs or desires.

Interest Rate

The interest rate is the percentage of a loan amount that a lender charges as interest to the borrower, typically expressed as an annual percentage of the principal.

Equivalent

Something that is equal in value, amount, function, or meaning to something else.

Equivalent

Having the same value, function, or meaning.