Which of the following values represents the highest rent in the list?

Prepare for the Statistics, Modeling and Finance Exam. Leverage flashcards and multiple choice questions with detailed explanations. Achieve exam success!

The value representing the highest rent in the list is $900. When comparing the values $875, $900, $850, and $825, it is clear that $900 is greater than all the other figures. In these types of questions, it is important to evaluate each option systematically, ensuring that you identify the maximum value correctly among the given choices. The method involves a straightforward comparison where you look at each number and confirm that $900 is the largest. Understanding this concept is fundamental in statistics, as finding maximums and minimums is often required when analyzing data sets.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy