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:

  1. What is the first quartile (Q1) of this data set?
  2. What is the interquartile range (IQR) for this data?
  3. How would you interpret the Q3 value in a real-world context?
  4. What are the mean and median of this data set?
  5. 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