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30 August, 13:25

Interpret the interquartile range in context. Choose the correct answer below.

a. The interquartile range is the range of the middle 50% of the sorted incomes of the top ten grossing movies.

b. The interquartile range is the average of the first 25% of the sorted incomes and the last 25% of the sorted incomes.

c. The interquartile range shows the difference between the highest grossing movie and the lowest grossing movie.

d. The interquartile range is the difference between the lower 25% of the data and the median.

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  1. 30 August, 13:28
    0
    The interquartile range is a measure of dispersion used in descriptive statistics that is calculated as the difference between the third and the first quartile. This difference represents 50% of the data. In other words, the interquartile range is the 50% central range of the ordered data.

    Therefore the correct answer is the option a:

    The interquartile range is the range of the middle 50% of the sorted incomes of the top ten grossing movies.
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