SOLUTION: I am trying hard to understand this stuff, but I am struggling, any help will be appreciated. PERCENTILES: a union leader is told that, when all workers salaries are considered

Algebra ->  Probability-and-statistics -> SOLUTION: I am trying hard to understand this stuff, but I am struggling, any help will be appreciated. PERCENTILES: a union leader is told that, when all workers salaries are considered      Log On


   



Question 462483: I am trying hard to understand this stuff, but I am struggling, any help will be appreciated.
PERCENTILES: a union leader is told that, when all workers salaries are considered, the first quartile is $20,750. explain what that means.

Answer by edjones(8007) About Me  (Show Source):
You can put this solution on YOUR website!
Q[1] the first quartile is the 25th percentile. Remember quartiles and percentiles relate to the median, not the mean. Q[2], the 2nd quartile is the median. In order to use quartiles you must rank your data lowest 1st and highest last.
Ed