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Questions
Short answer
The following are thirteen responses to a graduate survey on the salaries offered to Bachelor of Business graduates (in $ thous).45.0 42.1 29.9 22.3 35.6 23.9 27.8 40.5 26.7 25.1 32.7 29.2 38.4The first quartile for this data set is _______ $thous. (2 dec pl)
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Standard Answer
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Approach Analysis
We start by restating the data and the task to find the first quartile (Q1) of the given salary data.
Data (13 observations, in thousands): 45.0, 42.1, 29.9, 22.3, 35.6, 23.9, 27.8, 40.5, 26.7, 25.1, 32.7, 29.2, 38.4.
First step: sort the data from smallest to largest to identify positions clearly. Sorted order is: 22.3, 23.9, 25.1, 26.7, 27.8, 29.2, 29.9, 32.7, 35.6, 38.4, 40.5, 42.1, 45.0.
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