In a Statistics Class with 136 Students,the Professor Records How

question 18

Multiple Choice

In a statistics class with 136 students,the professor records how much money each student has in their possession during the first class of the semester.The histogram shown below represents the data he collected. What is approximately the number of students with $30 or more in their possession?

• A)Less than 5
• B)About 10
• C)About 30
• D)More than 100

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Definitions:

Underlying Variable

A factor that can influence the outcome of a financial instrument or contract, such as interest rates, exchange rates, or commodity prices.

Initial Net Investment

The total amount of money required to initialize a project, investment, or venture, net of any financing.

Market Factors

Elements that influence the trading of goods and services, such as supply and demand, price, and competition.

Derivative Financial Instrument

A financial contract whose value is derived from the performance of assets, interest rates, currency exchange rates, or indices.