Determine the Quartile or Interquartile Range as Specified $\mathrm { Q } _ { 1 } \text {. }$

question 123

Multiple Choice

Determine the quartile or interquartile range as specified.
-The normal annual precipitation (in inches) is given below for 21 different U.S. cities. Find the first quartile,
$\mathrm { Q } _ { 1 } \text {. }$
$\begin{array} { l l l l l l l } 39.1 & 16.4 & 25.4 & 18.4 & 27.1 & 27.8 & 30.6 \end{array}$
$\begin{array} { l l l l l l l l } 15.2 & 42.6 & 18.4 & 13.5 & 19.8 & 32.3 & 10.0 \end{array}$
$\begin{array} { l l l l l l l } 14.8 & 33.6 & 12.9 & 35.0 & 22.3 & 11.2 & 51.7 \end{array}$

• A)\(15.2 \mathrm { in } .\)
• B) \(14.8 \mathrm { in } .\)
• C) \(14.900 \mathrm { in }\).
• D) \(15.00 \mathrm { in }\).

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Definitions:

Zero Coupon Issue

A bond or debt security that doesn’t pay periodic interest but is traded at a discount, realizing gains at maturity.

Annual Coupon

The yearly interest payment made by a bond issuer to its bondholders.

Market Rate

The prevailing interest rate available in the marketplace on investments or loans.

Sinking Funds

A fund formed by periodically setting aside money for the gradual repayment of a debt or replacement of a wasting asset over time.