Compute the Third Quartile for the Following Data

question 10

Multiple Choice

Compute the third quartile for the following data. 10, 15, 17, 21, 25, 12, 16, 11, 13, 22

• A)21.25
• B)15.5
• C)21.5
• D)11.75

---

Definitions:

Useful Life

The estimated period that an asset is expected to be usable for the purpose it was acquired.

Differentiation Value

The perceived value added to a product or service through unique features and qualities that set it apart from competitors.

Value-based Pricing

A pricing strategy where the price of a product or service is based on the perceived value to the customer rather than the cost of production.

Industrial Forklift

A powerful vehicle designed for lifting, transporting, and stacking heavy materials and goods, commonly used in warehouses and manufacturing facilities.