2
QuizMultiple Choice

Income Data — Quiz

Question 2 • Financial Math

The monthly commissions of a sales team of 9 members are: $⁢500 , $⁢543 , $⁢676 , $⁢650 , $⁢700 , $⁢750 , $⁢800 , $⁢850 , $⁢742 The mean commission is $⁢690.11 , while the median is $⁢700 Which statement is true about the commission distribution?

Answer
A
One or more team members earned a significantly higher commission, causing the mean to increase.
B
One or more team members earned a significantly lower commission, causing the mean to decrease.
C
Most team members earned commissions considerably lower than the mean of 690 point 1 1 dollars.
D
The commissions are uniformly distributed among the team members.

Explanation

The mean, $690.11, is lower than the median, $700, which suggests that relatively low commissions are pulling the mean downward. In particular, the $500 commission is well below the rest of the values and lowers the average. So the true statement is that one or more team members earned a significantly lower commission, causing the mean to decrease.

AI-written and checked against the verified answer.

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