The Following Table Contains the Actual Prices Charged by Four

question 170

Essay

The following table contains the actual prices charged by four Web sites for a 3D Collector's Edition Blu-ray disc of the movie Marvel's Avengers: Age of Ultron in November 2015.
$$\begin{array} { | l | c | } \hline \text { Amazon } & \$ 24.99 \\\hline \text { Walmart } & 25.48 \\\hline \text { Best Buy } & 29.99 \\\hline \text { Disney Store } & 29.99 \\\hline\end{array}$$ Explain whether the information in this table contradicts the law of one price.

---

Definitions:

Biological Sex

Biological sex refers to the physical and physiological characteristics, such as chromosomes, hormone levels, and reproductive/sexual anatomy, that are typically used to classify individuals as male, female, or intersex.

Ordinal Data

A type of data which relates to quantities that have a natural order, but the intervals between values cannot be presumed to be equal.

Consistent Distance

The uniform spacing or gap maintained between objects or points over a period or within a particular context.

Median

The middle value in a dataset, dividing the data into two halves when sorted, and a measure of central tendency.