Given the Following Data Set, What Is the Ranking of the Data

question 53

Multiple Choice

Given the following data set, what is the ranking of the data value 28? Presume that lower data values rank ahead of higher data values.
31, 28, 21, 34, 38, 33, 16, 28

• A) 2
• B) 2.5
• C) 3
• D) 3.5

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Definitions:

Publicly Held Corporation

A corporation whose shares are publicly traded on stock exchanges, allowing for ownership by public investors.

For-Profit Corporation

A business entity aimed at generating profit for its shareholders.

Stock

A type of security that signifies ownership in a corporation, representing a claim on part of the corporation's assets and profits.

Domestic Corporation

A corporation is deemed a domestic corporation in the state that has granted its charter. If the corporation does business in other states, it is considered a foreign corporation in the other states.