Correct Answer: C) Q3
Explanation: Find the difference from $50,000 for each quarter: Q1: |45,000 – 50,000| = 5,000. Q2: |53,000 – 50,000| = 3,000. Q3: |48,000 – 50,000| = 2,000. Q4: |56,000 – 50,000| = 6,000. Compare the differences: The smallest difference is 2,000. Conclusion: Q3 at $48,000 is closest to $50,000. Use your calculator: 50000 – 48000 = 2000 (distance from Q3). Compare: 53000 – 50000 = 3000 (distance from Q2, which is larger)
Correct Answer: C) Q3
Explanation: Find the difference from $50,000 for each quarter: Q1: |45,000 – 50,000| = 5,000. Q2: |53,000 – 50,000| = 3,000. Q3: |48,000 – 50,000| = 2,000. Q4: |56,000 – 50,000| = 6,000. Compare the differences: The smallest difference is 2,000. Conclusion: Q3 at $48,000 is closest to $50,000. Use your calculator: 50000 – 48000 = 2000 (distance from Q3). Compare: 53000 – 50000 = 3000 (distance from Q2, which is larger)