Median: 29
Range: 25
IQR: 14.5
Explanations:
**Median:**
(To find the median, we need to first order all the elements)
Ordered —> 15, 18, 18, 20, 23, 28, 30, 33, 33, 34, 38, 40
(Since there are an even number of elements, we need to add the two elements in the middle and divide by 2)
Median = (28 + 30)/2 = 58/2 = 29
**Range:**
(To find the range, you just have the subtract the smallest one from the largest)
Range = 40 - 15 = 25
**IQR:**
First half of elements —> 15, 18, 18, 20, 23, 28
Second half of elements —> 30, 33, 33, 34, 38, 40
Q1 (Quartile 1) = Median of first half = (18 + 20)/2 = 38/2 = 19
Q3 (Quartile 3) = Median of second half = (33 + 34)/2 = 67/2 = 33.5
IQR = Q3 - Q1 = 33.5 - 19 = 14.5
The equation of any straight line, called a linear equation, can be written as: y= mx+b, where my is the slope of the line and b is the y-intercept. The y-intercept of this line is the value of y at the point where the lone crosses the y axis.
A. Taking out a new car loan
