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The Company Financial Officer Was Interested in the Average Cost

question 47

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The company financial officer was interested in the average cost of PCs that had been purchased in the past six months. She took a random sample of the price of 10 computers, with the following results. $3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000
What is the third quartile?


Definitions:

Negotiating Table

A metaphorical or physical location where parties come together to discuss and resolve conflicts or reach deals.

Capitulate

To surrender or give in to the other party's demands in a negotiation, often under pressure or as a last resort.

Stereotypes

Oversimplified and generalized beliefs or expectations about a group of people, based on assumptions about their characteristics.

Dialogue

A conversation or exchange of ideas or opinions between two or more individuals, aimed at reaching a mutual understanding or resolving differences.

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