SCENARIO 3-3 The Ordered Array Below Represents the Number of Vitamin Supplements

question 144

Short Answer

SCENARIO 3-3
The ordered array below represents the number of vitamin supplements sold by a health food store in
a sample of 16 days.
19, 19, 20, 20, 22, 23, 25, 26, 27, 30, 33, 34, 35, 36, 38, 41
Note: For this sample, the sum of the values is 448, and the sum of the squared differences between
each value and the mean is 812.
-Referring to Scenario 3-3,the third quartile of the number of vitamin supplements sold in this sample is_____ .

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Definitions:

Import Quota

An import quota is a government-imposed limit on the quantity or monetary value of a particular good that can be imported into a country within a specified time frame.

World Price

The global market price of a good or service, determined by worldwide supply and demand.

Market Equilibrium

A condition or point where market supply and demand balance each other, and as a result, prices become stable.

Trade Restrictions

Trade restrictions are governmental policies or regulations that limit international trade, including tariffs, quotas, and non-tariff barriers, with the aim of protecting domestic industries.