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
Answer: Its True
Step-by-step explanation:
The statement is true because the Percentages are preferred and also they are easier to compare than counts.
Answer:
$5564.87
Step-by-step explanation:
We are to determine the difference between the future values of each investment
The formula for calculating future value:
FV = P (1 + r)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
Madeline
P = Present value = 51,000
R = interest rate = 0.06125 / 365 = 0.000168
N = number of years = 13
m = number of compounding = 365
51,000 x (1.000168)^4745 = 113,070.20
Harper
51,000 x (1.004792)^156 = 107,505.33
Difference = 113,070.20 - 107,505.33 = $5,564.87
