A Sample of Five Flooring Installers, Each Carrying Three Types

question 2

Multiple Choice

A sample of five flooring installers, each carrying three types of flooring, was taken and the price per square metre (to the nearest cent) was recorded for each type of flooring, as shown in the table below. (i) The standard deviation for laminate flooring is 0.
(ii. The standard deviation for polyester carpet is $1.48.
(iii) The range for polyester carpet is $1.04.

• A) (i), (ii) and (iii) are all correct statements
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements, but not (i).
• E) (i), (ii) and (iii) are all false statements.

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Definitions:

Annual Coupon

The annual interest payment made to bondholders, typically expressed as a percentage of the bond's face value.

Par Value

A nominal value assigned to a share of stock or bond that is typically printed on the face of the certificate.

Market Yield

The return on investment for a security currently traded in the market, often referring to bonds and calculated by considering the annual interest payments and the market price.

Negative Bond Covenant

A condition in a bond agreement that forbids certain activities by the issuer, aimed at protecting the interests of the bondholders.