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The following are payments (in dollars) for a certain expense made by a woman during fifteen months. Calculate the lower quartile, the upper quartile, and the interquartile range for the data set.
μ
A symbol often used to represent the mean or average value of a set of numbers in statistics.
Average Waiting Time
The average time that a customer or item spends waiting in a queue before being served.
μ
Typically represents the mean of a population in statistics, or the average arrival or service rate in queuing theory contexts.
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