Final answer:
The index variable that references Jul in the array 'quarter{4}' is 3, which is the position that Jul occupies in the given list.
Step-by-step explanation:
The value of the index variable that references Jul in the given statements is 3. The array quarter{4} is defined with the four strings Jan, Apr, Jul, and Oct, which correspond to the indices 1, 2, 3, and 4 respectively.
To reference July, also known as Jul, within the array, one would use the index position that Jul occupies, which in this case is the third position in the array. Therefore, when iterating over the array with the do i=1 to 4 loop, i would have the value of 3 when accessing Jul.