Math Problem Statement
what is Q3 of the data set?
What is Q3 of the data set?
Solution
The third quartile (Q3) of the given median income data set is $70.9K.
Would you like further details on this calculation or have any questions?
Here are five related questions to consider:
- What is the first quartile (Q1) of this data set?
- What is the interquartile range (IQR) for this data?
- How would you interpret the Q3 value in a real-world context?
- What are the mean and median of this data set?
- How does the data distribution affect the quartiles?
Tip: The third quartile (Q3) helps in identifying the upper 25% of a data set, showing the range of the highest incomes in this case.
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Math Problem Analysis
Mathematical Concepts
Statistics
Quartiles
Descriptive Analysis
Formulas
Q3 = 75th percentile of the data
Theorems
Quartile Theorem
Suitable Grade Level
Grades 10-12