Question

Identify the quartiles in the following data set and calculate the interquartile range 2,4,7,8,10,10,15,16

Answer 1

The quartiles for the given data set are 4, 8, and 15. The interquartile range is 11.

Step-by-step explanation:

The quartiles for the given data set are as follows:

Using these values, you can substitute them into the formula and calculate the future amount in your account.

1. First quartile (Q1): 4
2. Second quartile (Q2 or median): 8
3. Third quartile (Q3): 15

To calculate the interquartile range, subtract the first quartile (Q1) from the third quartile (Q3):

Interquartile range (IQR) = Q3 - Q1 = 15 - 4 = 11