TABLE 3-3 The Ordered Array Below Represents the Number of Vitamin Supplements

question 103

Short Answer

TABLE 3-3
The ordered array below represents the number of vitamin supplements sold by a health food store in a sample of 16 days.
19, 19, 20, 20, 22, 23, 25, 26, 27, 30, 33, 34, 35, 36, 38, 41
Note: For this sample, the sum of the values is 448, and the sum of the squared differences between each value and the mean is 812.
-Referring to Table 3-3, the interquartile range of the number of vitamin supplements sold in this sample is ________.

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Definitions:

Degree of Operating Leverage

A ratio that measures the sensitivity of a company's operating income to its sales, indicating how revenue growth translates to growth in operating income.

Degree of Operating Leverage

A financial metric that measures the sensitivity of a company's operating income to its sales volume.

Margin of Safety

The amount by which sales can drop before reaching the break-even point, typically expressed as a percentage of current sales.

Sales

The total revenue generated from goods or services sold by a company.