Determine the Quartile or Interquartile Range as Specified $Q _ { 1 }$

question 60

Multiple Choice

Determine the quartile or interquartile range as specified.
-The weekly salaries (in dollars) of sixteen government workers are listed below. Find the first quartile,
$Q _ { 1 }$
$\begin{array} { l l l l } 690 & 598 & 813 & 659 \\ 728 & 557 & 477 & 639 \\ 526 & 669 & 685 & 464 \\ 545 & 787 & 511 & 826 \end{array}$

• A)\(\$ 477\)
• B) \(\$ 530.75\)
• C) \(\$ 526\)
• D) \(\$ 535.50\)

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Definitions:

Risk-Free Rate

The theoretical return on an investment with zero risk, representing the interest an investor would expect from an absolutely risk-free investment over a specific period.

Debt

Money that is owed or due to another individual or entity.

Market Value

The going rate for buying or selling a service or asset.

March Put

A put option contract with a expiration date in March, allowing the holder to sell an asset at a pre-specified price.