Suppose that the value of a stock varies each day from $11.82 to $35.17 with a uniform distribution. Find the third quartile; 75% of all days the stock is below what value? (Enter your answer to the nearest cent.)

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter9: Solving Quadratic Functions
Section: Chapter Questions
Problem 4CA
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Suppose that the value of a stock varies each day from $11.82 to $35.17 with a uniform distribution.
Find the third quartile; 75% of all days the stock is below what value? (Enter your answer to the nearest
cent.)
Transcribed Image Text:Suppose that the value of a stock varies each day from $11.82 to $35.17 with a uniform distribution. Find the third quartile; 75% of all days the stock is below what value? (Enter your answer to the nearest cent.)
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