The 75th Percentile Is Referred to as the ________

question 54

Multiple Choice

The 75th percentile is referred to as the ________.

• A)first quartile
• B)second quartile
• C)third quartile
• D)fourth quartile

---

Definitions:

Line Segment RS

A part of a line that is bounded by two distinct end points, R and S, and contains every point on the line between R and S.

Unemployed Resources

Resources such as labor and capital that are not currently being used in the production process.

Classical Macroeconomic Theory

An economic theory that emphasizes the self-regulating nature of markets and the natural adjustments of markets to achieve full employment equilibrium.

Flexible Interest Rate

refers to an interest rate that can change over the term of a loan or deposit based on market conditions.