Quartiles Are Descriptive Measures That Separate Large Data Sets Into

question 223

Multiple Choice

Quartiles are descriptive measures that separate large data sets into:

• A)squares.
• B)two halves.
• C)three thirds.
• D)four quarters.

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Definitions:

Gini Ratios

A gauge of how evenly income is distributed across a population, with a scale from 0 indicating absolute equality to 1 showing total inequality.

Income Inequality

A measure of the uneven distribution of income within a population.

Average Income

The sum of all incomes divided by the number of income recipients.

United States

A country located in North America, comprising 50 states and known for its significant economic and political influence globally.