A local charity organization held an event to celebrate its work for the past five years. A local newspaper reporter who attended the event asked 75 of the attendees about their contributions. The reporter computed the mean amount of money raised by the 75 attendees to be $18,500. In an article published by the local newspaper, the reporter was quoted as stating, "The members of the charity organization were successful in raising money for their cause. Last year, they raised a mean amount of $18,500!"

Part A: What is a statistical advantage of using the median of the reported amounts, rather than the mean, as the estimate of the typical amount raised? (4 points)

Part B: The newspaper editor felt the individuals who attended the event may be different from the organization as a whole. A more detailed survey of the members was planned to determine a better estimate of the amount of money raised. The staff developed two methods based on the available funds to carry out the survey.

Method 1: Send out an e-mail to all 10,530 members of the organization and ask them to complete an online form. The staff estimates at least 2,000 members will respond.

Method 2: Select a simple random sample of members of the organization and contact the selected members directly by phone. Follow up to ensure all responses are obtained. Because method 2 requires more time than method 1, the staff estimates that only 1,000 members of the organization can be contacted using method 2.

Which of the two methods would you select for estimating the average yearly amount raised by all 10,530 members of the charity organization? Explain your reasoning by comparing the two methods and by describing the effect of each method on the estimate.

Answers

Answer 1

Answer:

Part A. The statistical advantage of using the median is that the median is less effected by skewed data and outliers.

Part B. I would select method two because method one has a non-response bias and the sample individuals are not selected at random.

Step-by-step explanation:

Higher values pull averages up where medians just select the middle value and aren't necessarily pulled by outliers.

Non response biases happen when the individuals chosen choose not to answer or can volunteer to answer.

Sending out emails to everyone at the org is not choosing them at random.

Answer 2

A statistical advantage of using the median instead of the mean as the estimate of the typical amount raised is that the median is less sensitive to extreme values or outliers.

Method 1 would be the better choice for estimating the average yearly amount raised by all 10,530 members of the charity organization

What is a median?

It is the middle value of the given set of numbers after arranging the given set of numbers in order.

We have,

Part A:

A statistical advantage of using the median instead of the mean as the estimate of the typical amount raised is that the median is less sensitive to extreme values or outliers.

In this case,

If there were a few attendees who contributed a very large amount of money, it would increase the mean and make it an overestimate of the typical amount raised.

However, the median would not be affected by the outliers, and it would give a better estimate of the typical amount raised by the majority of the attendees.

Part B:

Method 1 would be a better choice for estimating the average yearly amount raised by all 10,530 members of the charity organization.

This is because it would have a larger sample size than method 2, which would make the estimate more precise and reduce the sampling error.

Additionally,

Method 1 would include a broader range of members, including those who may not have attended the event or who may have contributed in other ways besides donating money.

Method 2, on the other hand, would have a smaller sample size and would only include a random subset of the organization's members, which could lead to sampling bias if the selected members are not representative of the larger population.

Furthermore, the follow-up required by method 2 would make it more time-consuming and potentially less cost-effective than method 1.

Thus,

Method 1 would be the better choice for estimating the average yearly amount raised by all 10,530 members of the charity organization because it would have a larger sample size, include a broader range of members, and be more cost-effective than method 2.

Learn more about the median here:

https://brainly.com/question/28060453

#SPJ3


Related Questions

In the right triangle shown, DF=EF=3DF=EF=3D, F, equals, E, F, equals, 3.

How long is DEDED, E?
Choose 1 answer:
Choose 1 answer:

(Choice A)
A
3\sqrt{2}3
2

3, square root of, 2, end square root

(Choice B)
B
3\sqrt 33
3

3, square root of, 3, end square root

(Choice C)
C
666

(Choice D)
D
6\sqrt 26
2

6, square root of, 2, end square root

(Choice E)
E
999
Report a problem
Do 5 problems



Answers

Answer: A or 3 sqrt 2

Step-by-step explanation:

Answer:

3 sqrt 2

Step-by-step explanation:

Please can people help??!!
Photo below

Answers

i think this is the method for solving it

PLEASE HELP!
Evaluate the expression 5(7 − 4)2 ÷ 3 + 11.

Answers

Answer:

26

Step-by-step explanation:

5(7 − 4)^2 ÷ 3 + 11.

PEMDAS says parentheses first

5(3)^2 ÷ 3 + 11.

Then exponents

5 (9)÷ 3 + 11.

Multiply and divide from left to right

45 ÷ 3 + 11

15 +11

26

35-20x2divide3+11
15x2
30divide3=10
10+11=21

I NEED HELP PLZ I FORGOT HOW TO DO THIS PLZ EXPLAIN HOW U GOT UR ANSWER HELPP

Answers

Answer:

5

Step-by-step explanation:

Using the formula of a trapezoid, we can solve this!

Formula is A=1/2(b1+b2)h.

A=1/2(2+8)1

A=1/2(10)1

A=1/2(10)

The area would be 5 cubic in2.

Please tell me if im wrong! im just a student .m.

Answer:

5 units²

Step-by-step explanation:

a for a trapezoid = [tex]\frac{a+b}{2} *h[/tex]

[tex]\frac{8+2}{2} *1[/tex] = [tex]\frac{10}{2} * 1[/tex] = 5*1 = 5

The area is 5 units²

pls help it will mean alot!!
due rn!!

Answers

Answer:

f(x) = 4^x

f(4) = 4^4 = 256

Hope this helps!

:)

the answer is 256 but i am not sure

hope this helps and be safe :)

5. Jack and Jill use rain gauges that are the same size and shape to measure rain on top of a hill. Jack
uses a rain gauge marked in fourths of an inch. Jill's gauge measures rain in eighths of an inch. On
Thursday, Jack's gauge measured inches of rain. Jill and Jack both had the same amount of water,
so what was the reading on Jill's gauge on Thursday? Draw a number line and write a sentence to
explain your thinking.

Answers

Answer:

List the multiples

1/4,2/4,3/4,4/4

1/8,2/8,3/8,4/8,5/8,6/8,7/8,8/8

1/4=2/8

2/4=4/8

4/4=8/8

Those numbers are the common fractions so they would be the only fractions that both Jack and Jill could get.

Step-by-step explanation:

This net will be folded to form a prism. A net of a rectangular prism. From top to bottom, the rectangles are labeled B, D, E, F. The left side is labeled A and the right side is labeled C. Which pairs of faces will be opposite one another when the prism is created? Check all that apply. D and F A and C A and B B and F B and E B and C E and F A and F

Answers

Answer:

D and F

A and C

B and E

Step-by-step explanation:

due to the fact that it is a rectangle prism, and the A is on the left  and  C is on the right, the other alphabet  B,D,E F is straight down, you have to fold the d and f first, then A and C and lastly B and E to form the prism

Answer:

a,b,e

Step-by-step explanation:

what is 5 + 5 /2 - 4 x 10

Answers

Step-by-step explanation:

use bodmas

start with multiplication

-4*10 = -40

5+5/2 - 40

addition next

5 + 5/2 = 7.5

7.5 - 40 = -32.5

it was found that out of 45 girls,10 joined singing but not dancing and 24 joined dancing . how many joined but not singing ? how many joined both

Answers

11 are in both singing and dancing.
45-10 singing= 35 not singing
45-24 dancing = 21 not dancing
24+10= 34 in singing OR dancing,
Subtract the 34 from 45
which leaves 11 in both singing AND dancing.

21  girls joined but not singing and 14 girls joined both singing and dancing.

What are Arithmetic operations?

Arithmetic operations can also be specified by the, subtract, divide, and  multiply built-in functions.

Total no. of girls = 45

No. of girls are dancing = 24

No. of girls are singing but not dancing = 10

No. of girl are both singing and dancing = 24-10 = 14

No. of girls are dancing but not singing = 45-24=21

Hence, 21  girls joined but not singing and 14 girls joined both singing and dancing.

Learn more about Arithmetic operations

https://brainly.com/question/25834626

#SPJ2

If (A:20:4:16) is a proportion the find out the value of A fastly​

Answers

Answer: A = 5

Step-by-step explanation:

I'll rewrite this as fractions.

[tex]\frac{A}{20}=\frac{4}{16}[/tex]

Solve for A,

[tex]A=\frac{20*4}{16}\\ A=\frac{80}{16}[/tex]

[tex]A=5[/tex]

Help me please help me thank you

Answers

Answer: 110, 35, 70, G, J, F, E, B, A, H, C, D, I

Step-by-step explanation:

8. For number 8, you will be using the exterior angle theorem. The exterior angle theorem states that the exterior angle equals the two angles inside the given triangle. Since we have 50 and 60, you will add 50 + 60 to get 110.

9. In this problem, you shall use the vertical angle theorem. The vertical angle theorem is simply that any angles vertical from one another are congruent. So a will be also 35 degrees.

10. This is an image depicting two lines cut by a transversal, creating multiple congruent angles. With this, you will be using the alternate interior angle theorem. Alternate interior angles are angles on different sides of the transversal but inside both of the lines that were cut into, as shown above. So,  b will also equal 70 degrees.

Part B:

1. G

2. J

3. F

4. E

5. B

6. A

7. H

8. C

9. D

10. I

Dghgfty is my morning time for

Chantel is running for a rally race she ran 2,000 feet every day for six days how many yards did Chanel run

Answers

Answer:

4,000 yards

Step-by-step explanation:

2,000 ft * 6 days = 12,000 feet ran in total

Conversion: 3 feet = 1 yard

12,000 ft = 4000 yards

What is the answer to this

Answers

Answer:

im pretty sure it's c

Step-by-step explanation:

Answer:

its C

Step-by-step explanation:

Is the percent increase for 50 to 70 = to the percent decrease from 70 to 50

Answers

Answer:

no it is not equal.

Step-by-step explanation:

when you calculate the percentages, you will find  that the increase has 40% while the decrease has about 28.6%

Answer:

No. The amounts of change are the same, but the original amounts are different. The ratio for the percent increase from 50 to 70 is 20/50, or 40%. The ratio for the percent decrease from 70 to 50 is 20/70, or about 29%.

Step-by-step explanation:

SAMPLE RESOND

HELP!!! Cumulative Exam!! Which is the simplified form of m Superscript negative 8 p Superscript 0? StartFraction 1 Over m Superscript 8 Baseline p EndFraction StartFraction 1 Over m Superscript 8 EndFraction StartFraction p over m Superscript 8 EndFraction m Superscript 8

Answers

Answer:

(B)[tex]\dfrac{1}{m^8}[/tex]

StartFraction 1 Over m Superscript 8 EndFraction

Step-by-step explanation:

We want to find the simplified form of: [tex]m^{-8}p^0[/tex]

[tex]m^{-8}p^0=m^{-8}$ X p^0\\p^0=1\\m^{-8}=\frac{1}{m^8} \\$Therefore:\\m^{-8}$ X p^0=\dfrac{1}{m^8} X 1\\=\dfrac{1}{m^8}[/tex]

The correct option is B.

Answer:

I am 80% sure its 1 if not then its 1/p

Step-by-step explanation:

A necklace found at a pawn shop is 192 grams and has a volume of 19.5 cubic centimetres. What metal is the necklace made of?

Answers

Answer:

Bronze

Step-by-step explanation:

To know the metal used to produce necklace, we must calculate the density of the necklace. This is illustrated below below:

Mass of necklace = 192g

Volume = 19.5cm^3

Density =...?

Density of a substance is simply defined as the mass of the substance per unit volume.

Density = Mass /volume

Density = 192g / 19.5cm^3

Density = 9.85g/cm^3

Now comparing the density of the necklace with the density of various metals in the table, we can see that the density of the necklace matches that of bronze.

Therefore, the necklace is made of bronze.

The area of a swimming pool is 120 sq meters. The width of the pool is 8 meters. what is the length of the pool in centimeters ?

Answers

120/8 = 15m
15m = 150cm
Answer 150cm

Right triangle RST is shown below with the dimensions given in feet
(ft)
Which is closest to the measure of ZR?
Select one
15.1
15.7
74.3
74.9

Answers

Answer:

As the triangle is right angled ,

sinR = 17/63

Angle R = 15.7⁰

The closest value of the measure of ∠R is,

⇒ ∠R = 15.7°

What is mean by Angle?

An angle is a combination of two rays (half-lines) with a common endpoint. The latter is known as the vertex of the angle and the rays as the sides, sometimes as the legs and sometimes the arms of the angle.

Given that;

Right triangle RST is shown below with the dimensions given in feet.

Now, By trigonometric formula;

tan x = Opposite / Adjacent

Here, Opposite side of angle R = 17 ft

And, Adjacent side = 63 ft

Hence, We get;

tan x = Opposite / Adjacent

tan R = 17 / 63

tan R = 1/9

R = 15.7°

Thus, The closest value of the measure of ∠R is,

⇒ ∠R = 15.7°

Learn more about the angle visit:;

https://brainly.com/question/25716982

#SPJ5

Formula for a area of a circle

Answers

Answer:

A=(pie) r^2

Step-by-step explanation:

A = Area

(pie) = 3.14

r^2 = (r is the radius)

Answer:

pi r^2

Step-by-step explanation:

That is your answer

The area of a rectangle is given by A(x) = x2 + 5x with x being the height and x + 5 being the base. If the area is 14, what is the only viable solution for the height? Why are there not two solutions?​

Answers

Answer:

See below.

Step-by-step explanation:

A(x) = x^2 + 5x

A(x) = x^2 + 5x = 14

x^2 + 5x - 14 = 0

(x + 7)(x - 2) = 0

x + 7 = 0  or  x - 2 = 7

x = -7 or x = 2

x is the height of a rectangle.

The only viable solution is x = 2 because the height of a rectangle cannot be a negative number such as -7.

The only viable solution for the height is x= 2, because height cannot be a negative value.

What  is Rectangle?

A rectangle is a quadrilateral with four right angles.

What is Area?

Area is the quantity that expresses the extent of a region on the plane or on a curved surface.

What is Quadratic equation?

A quadratic equation is an algebraic equation of the second degree in x. The quadratic equation in its standard form is [tex]ax^{2} +bx+c=0[/tex]

Given,

Area of the rectangle = [tex]x^{2} +5x[/tex] = 14

Then,

[tex]x^{2} +5x-14=0\\(x+7)(x-2)=0[/tex]

Therefore x = -7 and 2

But the Height cannot be negative therefore x = 2

Hence, only viable solution for the height is x= 2, because height cannot be a negative value.

Learn more about Rectangle, Area and Quadratic equation here

https://brainly.com/question/12555839

#SPJ2

The temperature during a winter day was less than 8 degrees Fahrenheit. Digby wants to write an any quality for the temperature during the winter day. What constant should Digby use in the inequality?

Answers

Answer:

8

Step-by-step explanation:

y < mx+c

here  y will be the temperature on any particular winter day, x will be the variable on whixh temperature is dependent  and m will be the gradient.

The temperature must always be less than 8 so c will be 8.

y < 8

8 should be the maximum value of the inequaltiy

Answer:

your anwser is 8

Step-by-step explanation:

how to make a dot plot

Answers

Answer:

draw a a big L and put your numbers

Draw a line horizontally and make values and put dots

Which of the following is true of the values of x and y in the diagram below? A unit circle is shown. A radius with length 1 forms angle theta = StartFraction pi Over 4 EndFraction. The radius intersects point (x, y) on the unit circle. y < x y > x y + x = 1 StartFraction y Over x EndFraction = 1

Answers

Answer:

y/x = 1 got it right on edg

Step-by-step explanation:

Answer:

y/x = 1  on E2020

Step-by-step explanation:

Have a Great Day :)

Find the volume of this figure.
12 m
6 m
6m​

Answers

Answer:

432

Step-by-step explanation:

To get volume you need to multiply all of the numbers together (Length, height, and width). You need to multiply 6 and 6 (You get 36) and multply the answer by 12 to get 432.

Hope this helps!

(Also can I get Brainliest? Please?)

36 + 1.80 + 2.16 I'm stuck ​

Answers

Answer:

39.96 should be the right answer

Answer: 39.96

Step-by-step explanation:

36+1.80=37.80

Then you add 2.16

37.80+2.16=39.96

PLEASE HELP ASAP A group of 8th and 9th graders were surveyed about whether they use social media to communicate with their friends. The results are shown below in the conditional relative frequency table by row. A 4-column table with 3 rows. The first column has no label with entries 8th grade, 9th grade, total. The second column is labeled do not use with entries 0.06, 0.19, 0.38. The third column is labeled use with entries 0.84, 0.81, 0.62. The fourth column is labeled total with entries 1.00, 1.00, 1.00. Which conclusions can be drawn from the results of the survey? Check all that apply. There is no association between using social media and grade level. The probability a student uses social media, given that he or she is in 9th grade, is 81%. A student who is more likely to not use social media is in 8th grade. An 8th grader is more likely to use social media than not. Knowing a student’s grade level does not help determine if he or she uses social media.

Answers

Options A, B, D, and E are correct answers such that the probability of the usage of social media by 8th and 9th-grade students is given.

A. There is no association between using social media and grade level.

B. The probability a student uses social media, given that he or she is in 9th grade, is 81%.

D. An 8th grader is more likely to use social media than not.

E. Knowing a student’s grade level does not help determine if he or she uses social media.

What is Probability?

Probability is the ratio of the favorable outcomes to the total outcomes.

Given that, a group of 8th and 9th graders were surveyed about whether they use social media to communicate with their friends.

We can see that, there is no relationship between the usage of social media and grade level so, we can say that there is no association between using social media and grade level.

Probability of using social media by a 9th grader is-

P(9) = 0.81 / 1 x 100 = 81%

Probability of using social media by a 8th grader is-

P(8) = 0.84 / 1 x 100 = 84%

We cannot define the usage of social media depending on the grade level.

Thus, Options A, B, D, and E are correct answers.

Learn more about probability here- brainly.com/question/11234923

#SPJ3

The table is attached

Exponential Growth and Decay The expressions below represent either exponential growth or exponential decay. Check all the expressions that represent exponential decay. 5x 3(0.75)2t 35(2.4)x 5000(1.04)3t 0.05x 500(0.005)t

Answers

Answer:

First one: 5x3(0.75)2t

and fourth one: 0.05x500(0.005)t

Step-by-step explanation:

In order to have an exponencial decay, the rate of the exponencial function needs to be lesser than 1.

The rate is the value between parenthesis, so in the first equation, the rate is 0.75, so this is an exponencial decay.

The second equation has rate = 2.4, so this is not an exponencial decay.

The third equation has rate = 1.04, so this is not an exponencial decay.

The fourth equation has rate = 0.005, so this is an exponencial decay.

Answer:

It's A,C,F

Step-by-step explanation:

I answered it :) and got it right.

Mr. Anderson has 4 recipes for granola. Which recipe has the greatest ratio of honey to oats?

Answers

Answer:

Recipe 3 has the greatest honey to oats ratio amongst the 4 recipes.

Step-by-step explanation:

Complete Question

Mr. Anderson has 4 recipes for granola. Recipe 1

A 2-column table with 3 rows is titled Recipe 1. Column 1 is labeled Honey (tablespoons) with entries 5, 10, 15. Column 2 is labeled Oats (cups) with entries 2, 4, 6.

Recipe 2

A 2-column table with 3 rows is titled Recipe 2. Column 1 is labeled Honey (tablespoons) with entries 6, 10, 14. Column 2 is labeled Oats (cups) with entries 3, 5, 7.

Recipe 3

A 2-column table with 3 rows is titled Recipe 3. Column 1 is labeled Honey (tablespoons) with entries 3, 6, 9. Column 2 is labeled Oats (cups) with entries 1, 2, 3.

Recipe 4

A 2-column table with 3 rows is titled Recipe 1. Column 1 is labeled Honey (tablespoons) with entries 8, 10, 12. Column 2 is labeled Oats (cups) with entries 4, 5, 6.

Which recipe has the greatest ratio of honey to oats?

Solution

Computing the ratio of honey to oats for each of recipes

Recipe 1

Honey | 5 | 10 | 15

Oats | 2 | 4 | 6

Honey to Oats ratio = (5/2) = (10/4) = (15/6) = 2.5 to 1.

Recipe 2

Honey | 6 | 10 | 14

Oats | 3 | 5 | 7

Honey to Oats ratio = (6/3) = (10/5) = (14/7) = 2 to 1.

Recipe 3

Honey | 3 | 6 | 9

Oats | 1 | 2 | 3

Honey to Oats ratio = (3/1) = (6/2) = (9/3) = 3 to 1.

Recipe 4

Honey | 8 | 10 | 12

Oats | 4 | 5 | 6

Honey to Oats ratio = (8/4) = (10/5) = (12/6) = 2 to 1.

Recipe 3 evidently has the greatest honey to oats ratio amongst the 4 recipes.

Hope this Helps!!!

Answer: Recipe 3

Step-by-step explanation:

Can someone please help me with this?

Answers

Answer:

Step-by-step explanation:

find the proportion and solve for the volume.

Solve for 2.
Write the smaller solution first, and the larger solution second.
(3x – 6)(-x + 3) = 0
smaller x =
larger x =

Answers

Answer:

(3x – 6)(-x + 3) = 0

=> 3x - 6 = 0 => x = 6/3 = 2

and

=> -x + 3 = 0 => x = 3

Hope this helps!

:)

Other Questions
Why did the Mt. Pinatubo eruption result in global temperatures dropping almost two degrees? What event caused settlers to pour into Georgia? Which of the following characteristics is most readily attributable to the Western world?storytellingarchitecturemusic, art, and danceinnovation and improvements in technology Which statements about mutations are true? Check all that apply.A. Mutations cannot be passed from generation to generation.B. Mutations are rare.C. Mutations are always harmful.D. Germline mutations occur in body cells.E. Most forms of cancer are caused by somatic mutations. Write a quadratic function with a vertex at (-9,13). The kingdom Protista contains the greatest variety of organisms, ranging from single-celled creatures to multicellular ones. Some people consider the kingdom Protista to be akingdom into which an organism is classified simply because it does not fit anywhere else. What is most likely to happen to this kingdom in the future?A. This kingdom will likely be changed into a domainB. This kingdom will likely be further divided into various new kingdoms.C. This kingdom will disappear.D. This kingdom will be merged with another one. which word best describes the writing process in business writing ? The leafy sea dragon lives in the ocean south and west of Australia. This is the only place where this fish is found,The leafy sea dragon is related to the seahorse, but these two creatures are quite different. The leafy sea dragonhas the appearance of floating seaweed. It has leaf-like formations all over its slender body. This helps it to liveunnoticed by predators. The seahorse, on the other hand, has bumpy skin and uses its tail to cling to branches.Do It!The leafy sea dragon is able to____itselfA.disguiseB.purifyC.groomD.enlarge What does the Constitution do?1. sets up and defines the government2. draws boundaries of congressional districts3. sets codes of conduct for obeying local and federal laws4. determines whether citizens are prosecuted to the full extent of the law John made 2 quarts of juice for a school party. He said that he made 2/4 cup of juice. A. Explain John's mistake. B. How many cups of juice did John actually make? What is the slope of the line that passes through the points (-2, 7) and (2,-5)?Write your answer in simplest form. 3.64 divided by 60.5 ROUNDED plz answer!!! c. Assume that neither country experiences population growth or technological progress and that 6 percent of capital depreciates each year. Assume further that country A saves 15 percent of output each year and country B saves 23 percent of output each year. Using your answer from part b and the steady-state condition that investment equals depreciation, find the steady-state level of capital per worker (k) , income per worker (y) , and consumption per worker (c) for each country. A reaction starts with 20.0 grams of lithium hydroxide (LiOH) and produces 31.0 grams of lithium chloride (LiCl), what is the percent yield of lithium chloride (LiCl)? *LiOH + KCl - LiCl + KOHA) 64.5%B) 88.6%C) 81.5%D) 92.8% Design an application for Bob's E-Z Loans. The application accepts a client's loan amount and monthly payment amount. Output the customer's loan balance each month until the loan is paid off. b. Modify the Bob's E-Z Loans application so that after the payment is made each month, a finance charge of 1 percent is added to the balance. Assume the following: WIP, beginning 2 comma 500 units (100% complete as to direct materials, 50% complete as to conversion costs) Started 10 comma 500 units during the period Total spoilage is 700 with normal spoilage is calculated to be 550 units Completed and transferred out during the period 6 comma 000 units WIP, ending 6 comma 300 units (100% complete as to direct materials, 60% complete as to conversion costs) Spoiled units 700 and inspection happens when the process is 20% complete All materials are added at the start of the process Under the weighted average method, would would be the equivalent units of work done for the period? A. 9 comma 920 B. 10 comma 190 C. 6 comma 000 D. 6 comma 300 The US effort to send supplies into West Berlin was called the (Blank) A. Warsaw Pact. B. Marshall Plan. C. Berlin blockade D. Berlin airlift. plzz help its timed ill give brainliest Which option is a characteristic of an unreliable narrator?A. intends to deceive othersB. deceives others, whether intentionally or unintentionallyC. does not intend to deceive othersD. recounts events in a distant narrative style The name used to identify a reduction made from the original selling price.Question 8 options:a) Cut Rateb) Markdownc) Decreased) Markup