When the Data Values Are Arranged in an Ascending Order,the

question 47

True/False

When the data values are arranged in an ascending order,the third quartile (Q₃)is located at the
position,and first quartile (Q₁)is located at the
position.

---

Definitions:

Stock Market

A public market for buying, selling, and trading stocks, which represent ownership shares in companies.

Probability

The measure of the likelihood that an event will occur.

Expected Value

The predicted average outcome of a probabilistic event, accounting for all possible outcomes and their probabilities.

Stock Price

The value of a single share of a company's stock, determined by the balance of buying and selling activity in the stock market.