11) If you were considering purchasing an average-priced home in a new community with home values ranging

from $100,000 - $1,000,000, which of the following would give the most realistic picture of how much that home

is likely to cost?

A) median and mode

B) class interval

C) mean

D) grouped data

Solve the problem.

 

13) When describing employee performance, a human resource professional would say it follows a normal

distribution if the graph of the data set:

A) all of these apply to normal distribution

B) shows that 95% of the data will fall within three standard deviations of the mean

C) when folded at the highest point of the bell-shaped curve, the two halves would match

D) the bell-shaped curve is asymmetrical

 

15) To find the trade discount when the list price and single discount rate are given, use the following formula:

A) list price times single discount rate

B) base equals portion times rate

C) trade discount times single discount rate

D) net price times single discount rate