The Data Below Shows Closing Share Prices for Today's Most

question 5

Multiple Choice

The data below shows closing share prices for today's most actively traded stocks on the NYSE.Determine the interquartile range for the data. 22.1, 23.5, 26.8, 15.5, 13.6, 28.9, 14.5, 36.0, 27.8,
25) 2, 35.7, 62.5, 16.2, 35.5, 28.2, 15.6, 32.7, 12.7

• A)15.5
• B)16.4
• C)17.1
• D)18.3
• E)19.5

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Definitions:

Midrange

The midpoint of the range of a set of values, calculated by averaging the maximum and minimum values.

Median

The middle value in a set of data points arranged in ascending or descending order, or the average of the two middle values when there is an even number of data points.

Correlation Coefficient

A numerical measure that indicates the strength and direction of a linear relationship between two variables.

Mean

A measure of central tendency, calculated as the sum of all values in a dataset divided by the number of values.