Find the median from the following data.
| Gross Profit (Percent of Sales) | Number of Companies |
| 0-10 | 21 |
| 10-20 | 32 |
| 20-30 | 43 |
| 30-40 | 34 |
| 40-50 | 23 |
A. 23.40
B. 25.46
C. 40.40
D. 38.53
Answer: Option B
| Gross Profit (Percent of Sales) | Number of Companies |
| 0-10 | 21 |
| 10-20 | 32 |
| 20-30 | 43 |
| 30-40 | 34 |
| 40-50 | 23 |
A. 23.40
B. 25.46
C. 40.40
D. 38.53
Answer: Option B
A. The central limit theorem
B. The law of statistical regularly
C. The law of inertia of large numbers
D. None of the above
The difference between sample statistic and its corresponding population parameter is
A. Sampling error
B. Measurement error
C. Coverage error
D. Non-response error
A. Both (A) and (R) are true
B. (A) is true, but (R) is false
C. (A) is false, but (R) is true
D. Both (A) and (R) are false
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