What Is the Interquartile Range for This Set of Data

question 117

Multiple Choice

What is the interquartile range for this set of data? 18, 17, 20, 14, 27, 13, 30, 24

• A) 6
• B) 17
• C) 7
• D) 19

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Definitions:

MPS

Master Production Schedule, a plan for the production of individual final items that breaks down the aggregate plan.

Aggregate Plan

A planning strategy that outlines the overall production activities of a company over a certain period of time to meet forecasted demand.

Master Production Schedule

A detailed plan that outlines exactly what is to be produced, in what quantities, and when, serving as a critical component in manufacturing and supply chain management.

Finance

The field that deals with the management of money, including the creation, management, and investment of it, across various entities like individuals, businesses, and governments.