You Were Told That the 1st, 2nd and 3rd Quartiles

question 122

Short Answer

You were told that the 1st, 2nd and 3rd quartiles of female students' weight at a major university are 95 lbs., 125 lbs., and 138 lbs...What percentage of the students weigh more than 138 lbs...?

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Definitions:

Permanent Surplus

A situation where a country consistently exports more goods and services than it imports, leading to a positive balance of trade over time.

Equilibrium Price

The price at which the quantity of a product or service demanded by consumers matches the quantity supplied by producers, leading to a balance in the market.

Equilibrium Quantity

The amount of products or services that are available and sought after at the market's balance price.

Interest Rate

The percent of principal charged by the lender for the use of its money or the rate earned on deposits.