Suppose that the value of a stock varies each day from $11.82 to $23.17 with a uniform distribution. Find the third quartile, i.e., 75% of all days the stock is below what value? Round your answer to the nearest cent.

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter11: Data Analysis And Displays
Section11.2: Box-and-whisker Plots
Problem 23E
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Suppose that the value of a stock varies each day from $11.82 to $23.17 with a uniform distribution. Find the
third quartile, i.e., 75% of all days the stock is below what value? Round your answer to the nearest cent.
$
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Transcribed Image Text:Suppose that the value of a stock varies each day from $11.82 to $23.17 with a uniform distribution. Find the third quartile, i.e., 75% of all days the stock is below what value? Round your answer to the nearest cent. $ Question Help: Video Message instructor Submit Question
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