The Value of the Third Quartile for a Data Set

question 45

Multiple Choice

The value of the third quartile for a data set is 65.This means that:

• A)25% of the values in that data set are smaller than 65.
• B)75% of the values in that data set are smaller than 65.
• C)75% of the values in that data set are greater than 65.
• D)50% of the values in that data set are greater than 65.

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Definitions:

WTO

World Trade Organization, an international body that deals with the rules of trade between nations, aiming to ensure trade flows smoothly, predictably, and freely.

Dispute Settlement Body

An entity within the World Trade Organization that settles trade disputes between member countries.

NAFTA

The North American Free Trade Agreement, a treaty between Canada, Mexico, and the United States that eliminated most tariffs and trade barriers.

European Union

A political and economic union of 27 European countries that are located primarily in Europe, aiming to promote peace, stability, and economic cooperation among its members.