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The Following Data Represent the Ages (In Years) of a Sample

question 55

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The following data represent the ages (in years) of a sample of 25 employees from a government
department: 31435623494233614428483844354064524247395327363520\begin{array} { | l | l | l | l | l | l | l | l | l | l | } \hline 31 & 43 & 56 & 23 & 49 & 42 & 33 & 61 & 44 & 28 \\\hline 48 & 38 & 44 & 35 & 40 & 64 & 52 & 42 & 47 & 39 \\\hline 53 & 27 & 36 & 35 & 20 & & & & & \\\hline\end{array} Calculate the 1st quintile. (Hint: 1st quintile is L20)

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Definitions:

Enlightenment

An intellectual and philosophical movement in Europe during the 17th and 18th centuries emphasizing reason, individualism, and skepticism towards traditional doctrines.

Laissez-Faire

An economic philosophy of free-market capitalism that opposes government intervention, advocating for businesses to operate with little to no government interference.

Adam Smith

A Scottish economist, philosopher, and author who is considered the father of modern economics, best known for his work "The Wealth of Nations."

Economic Interests

Describes the financial stakes or motivations that influence the decisions and actions of individuals, organizations, or countries.

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