Question

use the stem - and - leaf plot of monthly sales goals to answer the question that follows.
monthly sales goals (in thousands)
stem leaf
2 4 5 8 9
3 1 3 4 6
4 5 7
5 0 0
what is the range of the monthly sales goals? round to the nearest thousand.
$24,000
$26,000
$33,000
$50,000

Explanation:

Step1: Find the maximum value

In a stem - and - leaf plot, the value is formed by stem and leaf. The maximum value has stem \(5\) and leaf \(0\), so the maximum value \(M = 50\) (in thousands).

Step2: Find the minimum value

The minimum value has stem \(2\) and leaf \(4\), so the minimum value \(m=24\) (in thousands).

Step3: Calculate the range

The formula for range \(R\) is \(R = M - m\). Substitute \(M = 50\) and \(m = 24\) into the formula: \(R=50 - 24=26\) (in thousands).

Answer:

\(\$26,000\)