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Compute the lower quartile of family income allocated to grocery purchases (round off to four decimal).

Compute the lower quartile of family income allocated to grocery purchases (round off to four decimal).

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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An economist conducted a study to identify the percentage of family income allocated to the purchase of groceries. She surveyed a random sample of 50 families and compiled the following frequency table: Percent of Number of F fm fm2 Income families 10-<20% 6 15 90 1350 20-<30% 14 20 25 350 8750 30-<40% 16 36 35 560 19600 40-<50% 10 46 45 450 20250 50-<60% 4 50 55 220 12100 Compute the lower quartile of family income allocated to grocery purchases (round off to four decimal).
Transcribed Image Text:An economist conducted a study to identify the percentage of family income allocated to the purchase of groceries. She surveyed a random sample of 50 families and compiled the following frequency table: Percent of Number of F fm fm2 Income families 10-<20% 6 15 90 1350 20-<30% 14 20 25 350 8750 30-<40% 16 36 35 560 19600 40-<50% 10 46 45 450 20250 50-<60% 4 50 55 220 12100 Compute the lower quartile of family income allocated to grocery purchases (round off to four decimal).
Compute the lower quartile of family income allocated to grocery purchases (round off to four decimal). A. 24.8429 B. 24.6429 O C. 10.6429 D. 14.6429
Transcribed Image Text:Compute the lower quartile of family income allocated to grocery purchases (round off to four decimal). A. 24.8429 B. 24.6429 O C. 10.6429 D. 14.6429
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