If a Data Set Has 15 Values That Have Been

question 144

Multiple Choice

If a data set has 15 values that have been sorted in ascending order, which value in the data set will be the 25^th percentile?

• A) the fourth value
• B) the third value
• C) the second value
• D) the first value
• E) There is not enough information to answer this question.

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Definitions:

Financial Cooperatives

Member-owned financial institutions that provide savings, credit and other financial services to their members.

Commercial Banks

Commercial banks are financial institutions that accept deposits, offer checking account services, and make loans to individuals and businesses.

Horizontal Merger

A business consolidation that occurs between two firms that operate in the same industry, often aimed at increasing market share and reducing competition.

Conglomerate Merger

A type of merger where two companies that operate in entirely different industries combine resources or operations.