Answers:
- Exactly 25%
- median = 450
- Not enough info (see below)
- IQR = 24
- IQR = 192
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Explanations:
- By definition, the quartiles split the data into four equal parts. The first quartile (Q1) will have 25% of the data below it.
- The second quartile is the exact same value as the median. This is because the median splits the data into two equal halves, i.e. is at the midpoint.
- There's not enough info. We can determine that 25% of the company makes more than $60,000, but we don't know how many people total work at the company. This info is missing.
- Subtract the third and first quartiles (Q3 and Q1) to get the interquartile range (IQR). So IQR = Q3 - Q1 = 45-21 = 24
- Same idea as the previous problem. IQR = Q3 - Q1 = 316.5 - 124.5 = 192
