Consider the following distribution of crime rates per thousand persons from the U.S.Census Bureau (2008).Excluding Maine,identify the crime rate that marks the 75th percentile.
Definitions:
Line Segment ST
A part of a line that is bounded by two distinct end points, labeled S and T.
Unemployed Resources
Economic resources, including labor, that are not currently in use or employed in the production process.
Macroeconomic Equilibrium
A state in which aggregate supply equals aggregate demand, meaning the economy is at a balance between the total quantity of goods supplied and the total quantity of goods demanded.
Output Demanded
Refers to the quantity of goods or services that consumers and other economic agents are willing to buy at a given price.
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