The Interquartile Range Represents the Middle ------- of a Range

question 51

Multiple Choice

The interquartile range represents the middle ------- of a range.

• A)75%
• B)25%
• C)50%
• D)10%

---

Definitions:

Mill Rates

Mill Rates are used in property tax assessments and represent the amount per $1,000 of assessed value of property. It is used to calculate the property taxes owed by property owners.

Property Tax

A levy on property that the owner is required to pay, usually collected by local government.

Assessed Value

The dollar value assigned to a property for purposes of measuring applicable taxes.

Property Tax

A levy imposed by a government on a property owner, based on the value of the property.