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Tuan bought a new leather jacket after saving for many months for the luxury purchase. On the first day he went out wearing the new garment, he found a $50 bill on the sidewalk outside of his office. He now refers to the jacket as his "lucky jacket" and believes that it has some magical power to give him good fortune. Tuan's belief in the jacket's cosmic ability is an example of
Range
The difference between the highest and lowest values in a set of data, indicating the dataset's dispersion.
Median
The middle value in a set of numbers, which separates the higher half from the lower half of the data set.
Upper Quartile
A statistical measure indicating the value below which 75% of the data in a data set falls, marking the top end of the middle 50% of data.
Lower Quartile
The value below which 25% of the data falls, marking the lower end of the middle 50% of a dataset.
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