Question

What percentage of buyers paid between $10,500 and $12,000?

A) 25%
B) 50%
C) 75%
D) 90%

Answer 1

To find the percentage of buyers who paid between $10,500 and $12,000, divide the number of buyers in that range by the total sample size and multiply by 100. The correct answer is 25%.

Step-by-step explanation:

To find the percentage of buyers who paid between $10,500 and $12,000, we need to determine the proportion of the total sample size that falls within that range. Let's assume there were 200 buyers in total. To calculate the percentage, we can use the formula:

Percentage = (Number of buyers in the range / Total sample size) * 100

First, we need to determine the number of buyers in the range of $10,500 and $12,000. Suppose 50 buyers fall within this range. Plugging these values into the formula:

Percentage = (50 / 200) * 100 = 25%

Therefore, the correct answer is A) 25%.