Compute the Third Quartile for the Following Data

question 10

Multiple Choice

Compute the third quartile for the following data. 10, 15, 17, 21, 25, 12, 16, 11, 13, 22

• A)21.25
• B)15.5
• C)21.5
• D)11.75

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Definitions:

Balance Sheet

A financial report indicating the assets, liabilities, and shareholders' equity of a company at a certain moment, which serves as a foundation for calculating returns and assessing its financial health.

Present Value

The current worth of a future sum of money or stream of cash flows, given a specified rate of return.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as part of a retirement strategy.

Consecutive Payments

Regular payments made in a sequence, without interruption, over a specified period.