Monthly commissions of first-year insurance brokers are $1,270, $1,310, $1,680, $1,380, $1,410, $1,570, $1,180, and $1,420. these figures are referred to as

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Mathematics

Brisa Faulkner

22 August, 13:08

Monthly commissions of first-year insurance brokers are $1,270, $1,310, $1,680, $1,380, $1,410, $1,570, $1,180, and $1,420. these figures are referred to as

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Kennedi Guerra · Answer 1

Solution: Monthly commissions of first-year insurance brokers are $1,270, $1,310, $1,680, $1,380, $1,410, $1,570, $1,180, and $1,420. these figures are referred to as raw data.

Raw data is also called primary data. It refers to any data that hasn't undergone thorough processing. After the data is collected from members of sample or population, the information is recorded in sequence in which it is given. Such data is called raw data. For examples: the scores of students in a class, the weight of new born babies in a hospital are examples of raw data.

Therefore, the given examples, which considers the monthly commissions of first-year insurance brokers is also a raw data.