Determine the Range for the Following Data Set

question 54

Multiple Choice

Determine the range for the following data set.
4, 15, 8, 6, 20

• A) 4
• B) 8
• C) 16
• D) 20

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Definitions:

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically for the financing of accounts receivable and inventories.

Short-Term Financing

Funding obtained for a period of one year or less, used to cover immediate needs such as working capital requirements.

Minimum Denomination

The smallest unit of value in which a security or financial instrument can be issued or traded.

Net Worth

The difference between an individual or household’s assets and liabilities.