In Its Industry Norms and Key Business Ratios, Dun

Multiple Choice

In its Industry Norms and Key Business Ratios, Dun & Bradstreet reported that Q₁, Q₂, and Q₃ for 2,037 gasoline service stations' sales to inventory ratios were 20.8, 33.4, and 53.8, respectively.From this we can conclude that ___.

A) 68% of these service stations had sales to inventory ratios of 20.8 or less
B) 50% of these service stations had sales to inventory ratios of 33.4 or less
C) 50% of these service stations had sales to inventory ratios of 53.8 or more
D) 95% of these service stations had sales to inventory ratios of 20.8 or more
E) 99% of these service stations had sales to inventory ratios of 20.8 or more