Which of the Following Is an Example of Raw Data

question 45

Multiple Choice

Which of the following is an example of raw data from an automobile manufacturer?

• A) An average of 130 Subarus sold daily in New York in 2017
• B) 1,300 Subaru Outbacks sold during the first quarter 2017 in New York
• C) One Subaru Outback sold January 7, 2017 in Mount Kisco, New York for $25,000
• D) Annual sales of Subaru Outbacks increased 4.5 percent
• E) An average sale price of $26,000 for all Subaru Outbacks sold during January 2017 in Mount Kisco, New York

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Definitions:

Equilibrium Dollar Price

Refers to the price level at which the supply of dollars in the foreign exchange market is equal to the demand for dollars.

Flexible Exchange Rates

A foreign exchange system where the value of currencies is determined by market forces without direct government intervention.

Libras

A constellation in the zodiac, symbolized by the scales, or in a financial context, might be mistaken for "libra," which refers to a unit of weight or a former currency.

Freely Floating Exchange Rates

Exchange rates that are determined by the supply and demand for currencies in the foreign exchange market without direct intervention by countries' governments.