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Instruction 3-2 The Data Below Represents the Amount of Grams of Carbohydrates

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Instruction 3-2
The data below represents the amount of grams of carbohydrates in a serving of breakfast cereal in a sample of 11 different servings.
11, 15, 23, 29, 19, 22, 21, 20, 15, 25, 17
-Referring to Instruction 3-2,the first quartile of the carbohydrate amounts is _____________ grams.


Definitions:

Actively Managed Mutual Funds

Investment funds where fund managers actively make decisions about buying and selling stocks or bonds to beat the market.

Passive Indexes

Investment funds designed to mimic the composition and performance of a designated market index, thereby minimizing management decisions and costs.

ETFs

Exchange-Traded Funds, investment funds that are traded on stock exchanges, much like stocks, but hold assets such as stocks, commodities, or bonds.

Front-end Load

A fee paid when purchasing shares of a mutual fund or other investment, typically used to cover commission expenses.

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