The 75th Percentile Is Also the _____

question 51

Multiple Choice

The 75th percentile is also the _____.

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

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Definitions:

Market Rate of Return

The average return on investment that is typical for a particular market or industry.

T-bill

Short-term government securities issued at a discount from the face value and maturing at par, used to finance government debt.

Issue Date

The specific date on which a financial instrument is issued or becomes effective.

Simple Rate of Interest

Interest calculated only on the principal amount of a loan or deposit, without compounding.