SOLUTION: The median age of cars on a used car lot is 4 years. The interquartile range of the cars� ages is 7 years. Which statement is most likely to be true? A. About 25% of the cars

Question 748867:
The median age of cars on a used car lot is 4 years. The interquartile range of the cars� ages is 7 years. Which statement is most likely to be true?
A. About 25% of the cars will be less than 4 years old.
B. About 25% of the cars will be more than 4 years old.
C. About 50% of the cars will be between 4 and 7 years old.
D. About 75% of the cars will be less than 8 years old.

Answer by reviewermath(1029) (Show Source): You can put this solution on YOUR website!
Option (A) is FALSE!, the correct statement is: About 50% of the cars will be less than 4 years old.
Option (B) is also FALSE!, the correct statement is: About 50% of the cars will be more than 4 years old.
Option (C) is also FALSE!, the correct statement is: About 25% of the cars will be between 4 and 7 years old.
Option (D) is likely to be TRUE. It is possible that the 3rd quartile is 8 years old.
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