In module b's practice exercise prob #5, the year 3 index value is interpreted as
37% lower than the base year's value
63% of the average
37% lower than the previous period's value

answer: 5

step-by-step explanation:

since, the range is the difference between the lowest and highest values of the given sample space.

and, here the sample space = { 3, 1, 0, 4, 1, 4, 2, 3, 0, 5, 0, 1, 1, 2, 0, 4, 1,4, 4 ,2 ,3 ,2 ,0 ,1 ,4 }

here, the highest value of the given sample = 5

and, the lowest value = 0

therefore, the range of the sample space = 5 - 0 = 5

b. b < 1 might be the correct answer

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hope this