The Following Data Represent the Salaries (In Thousands of Dollars)

question 49

Essay

The following data represent the salaries (in thousands of dollars) of a sample of 13 employees of a firm: $$\begin{array} { | l | l | l | l | l | l | l | } \hline 26.5 & 23.5 & 29.7 & 24.8 & 21.1 & 24.3 & 20.4 \\\hline 22.7 & 27.2 & 23.7 & 24.1 & 24.8 & 28.2 & \\\hline\end{array}$$ Compute the lower quartile.

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Definitions:

Prima Facie

Latin for "at first glance," it refers to evidence that is sufficient to establish a fact or raise a presumption unless disproved or countered.

Equal Management

The equitable distribution of management responsibilities and decision-making powers among members of a group or organization.

Partnerships at Will

Business partnerships without a fixed duration, which can be dissolved at any time by any partner.

RUPA

The Revised Uniform Partnership Act, a legal guideline adopted by many states, governing the operation of partnerships and the relationships between partners.