Which Function Is Best Suited to Calculate Quartiles Including Quartiles

question 1

Multiple Choice

Which function is best suited to calculate quartiles including quartiles 0 and 4?

• A)QUARTILE.EXC
• B)QUARTILE.INC
• C)QUART
• D)RANK.AVG

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Definitions:

Simple Linear Regression

A statistical method that models the relationship between two variables by fitting a linear equation to observed data.

Confidence Interval

An estimate of an interval in statistics that likely contains a population parameter, providing a range of plausible values for that parameter.

Average Value

The sum of a set of numerical values divided by the number of values in the set, commonly referred to as the mean.

Simple Linear Regression

A statistical method for modeling the relationship between a single independent variable and a dependent variable by fitting a linear equation to observed data.