Question: * Question Completion Status: Forty randomly selected students were asked the number of pairs of sneakers they owned. Let x = the number of pairs

* Question Completion Status: Forty randomly selected students were asked the number of pairs of sneakers they owned. Let x = the number of pairs of sneakers owned. Find the sample mean x. Find the sample standard deviation, s. Find the first quartile. Find the median. Find the third quartile. What percent of the students owned at least five pairs? Find the 40th percentile. Find the 90th percentile. The results are as follows: X Frequency 2 2 5 3 CO 4 12 12 6 O Click Save and Submit to save and submit. Click Save All Answers to save all answers

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1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.