The Current Price of Acme Stock Is $5

question 189

Multiple Choice

The current price of Acme stock is $5.80. The stock is down 90% from its price one year ago. What was the stock price one year ago?

• A) $11.02
• B) $6.44
• C) $6.38
• D) $65.00
• E) $58.00

---

Definitions:

MEDIAN(data range)

A statistical measure that represents the middle value in a given set of numbers when they are arranged in order.

kth Percentile

Represents the value below which a specified percentage (k) of observations in a group of observations fall.

Observations

Data collected during an experiment or survey. They are individual instances of the data collected.

Frequency Distribution

A statistical representation showing the number of observations within specified intervals, commonly used to visualize data distributions.