Rachel sells handmade jewelry at an outdoor craft fair. The lists show the price of bracelet, ring, and necklace that Rachel will offer for sale this weekend. Bracelets \( \begin{array}{llllllll}\$ 29 & \$ 31 & \$ 33 & \$ 35 & \$ 39 & \$ 41 & \$ 45 & \$ 33\end{array} \) Rings \( \begin{array}{llllllll}\$ 23 & \$ 23 & \$ 25 & \$ 25 & \$ 25 & \$ 29 & \$ 35 & \$ 55\end{array} \) Necklaces \[ \begin{array}{llllll} \$ 76 & \$ 59 & \$ 59 & \$ 69 & \$ 69 & \$ 55 \end{array} \] Based on the data, which type of jewelry has the largest range? bracelets rings necklaces Which is the best explanation for why that is the case? One bracelet is much less expensive than the others. One ring is much more expensive than the others. Every necklace is more expensive than the most expensive bracelet. The most expensive item is a necklace.
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Bracelets have the largest range in price, which can be calculated by finding the difference between the highest and lowest prices. The lowest priced bracelet costs $29, and the highest is $45, giving a range of $16. In comparison, rings have a range of $32 (from $23 to $55) and necklaces have a range of $21 (from $55 to $76). The best explanation for this phenomenon is that every necklace is more expensive than the most expensive bracelet. This means that the minimum price of a necklace establishes a higher baseline compared to the bracelets, thereby contributing to a less widespread price range among necklaces and highlighting the significant price variability in bracelets.
