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    notion of the median

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    A union leader is told that, when all workersâ?? salaries are considered, the first quartile is $20,750. Explain what that means.

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    In statistics, we use different characteristics to represent numerical characteristics of a data set.
    One of them, is the notion of the median, the first and the third quartile (the median is the second quartile).
    To find the quartiles, we arrange the data in the asceding order of the numerical values, divide the data range ...

    Solution Summary

    The notion of the median and other concepts are described.