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The data table shows the yields for a one-year certificate of deposit (CD) and a five-year CD for 13 banks. Complete parts (a) through (c). E Click the icon to view the data table. Data table a. Compute the first quartile (Q,), the third quartile (Q3), and the interquartile range for a one-year CD. One-Year CD 2.93 3.12 2.51 2.81 2.72 4.58 Five-Year CD 3.47 3.75 3.57 3.61 4.53 4.38 4.66 2.47 3.95 4.64 3.82 3.85 3.65 4.89 Q, =D Q3 = 2.76 2.67 2.93 2.83 4.96 3.78 (Do not round.) Print Done

The data table shows the yields for a one-year certificate of deposit (CD) and a five-year CD for 13 banks. Complete parts (a) through (c). E Click the icon to view the data table. Data table a. Compute the first quartile (Q,), the third quartile (Q3), and the interquartile range for a one-year CD. One-Year CD 2.93 3.12 2.51 2.81 2.72 4.58 Five-Year CD 3.47 3.75 3.57 3.61 4.53 4.38 4.66 2.47 3.95 4.64 3.82 3.85 3.65 4.89 Q, =D Q3 = 2.76 2.67 2.93 2.83 4.96 3.78 (Do not round.) Print Done

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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The data table shows the yields for a one-year certificate of deposit (CD) and a five-year CD for 13 banks. Complete parts (a) through (c). E Click the icon to view the data table. Data table a. Compute the first quartile (Q,), the third quartile (Q3), and the interquartile range for a one-year CD. One-Year CD Five-Year CD 2.47 2.93 3.47 3.75 3.95 2.76 2.67 2.93 2.83 4.96 3.78 3.12 4.64 Q3 = (Do not round.) 2.51 3.57 3.82 2.81 3.61 2.72 4.58 4.53 4.38 4.66 3.85 3.65 4.89 Print Done
Transcribed Image Text:The data table shows the yields for a one-year certificate of deposit (CD) and a five-year CD for 13 banks. Complete parts (a) through (c). E Click the icon to view the data table. Data table a. Compute the first quartile (Q,), the third quartile (Q3), and the interquartile range for a one-year CD. One-Year CD Five-Year CD 2.47 2.93 3.47 3.75 3.95 2.76 2.67 2.93 2.83 4.96 3.78 3.12 4.64 Q3 = (Do not round.) 2.51 3.57 3.82 2.81 3.61 2.72 4.58 4.53 4.38 4.66 3.85 3.65 4.89 Print Done
Expert Solution
Step 1

a For One-Year CD

Consider the given data.

The data arrange in ascending order, which is given below.

2.47, 2.51, 2.67, 2.72, 276, 2.81, 2.83, 2.93, 2.93, 3.12, 3.78, 4.58, 4.96

Here, n=13

First we have to compute the first quartile Q1, which is given by

The first quartile Q1=14n+1th value=1413+1th value=3.5th value=3rd+4th2=2.67+2.722=2.695

Hence, Q1=2.695

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