Final Answer:
Between the 3rd and 97th percentiles.
The middle 94% of volumes is defined by this range, excluding the lowest and highest 3%, based on percentile calculations.
Step-by-step explanation:
To identify the range containing the middle 94% of volumes, we turn to percentiles. Percentiles are a statistical measure indicating the relative standing of a particular value within a dataset.
In this context, excluding the lowest 3% and the highest 3% of volumes ensures that we focus on the central portion, which constitutes the middle 94%. Therefore, the answer is between the 3rd and 97th percentiles, effectively capturing the majority of volumes in the distribution.
Understanding percentiles is crucial in analyzing data distributions, as they provide insights into the distribution's characteristics and help identify central tendencies. In this case, percentiles assist in pinpointing the specific range that encapsulates the middle 94% of volumes.