3.4.23 The accompanying data represent the monthly rate of return of a certain c

Question

3.4.23 The accompanying data represent the monthly rate of return of a certain company's common stock for the past few years. Complete parts (a) and (b) Click the icon to view the data table. (a) Determine and interpret the quartiles The first quartile is Q1- (Round to four decimal places as needed.) Rate of Return 0.26 0.26 0.03 0.06 0.060.040.04 0.22 0.46 0.06-0.16 0.19 0.05 0.18 0.09 0.02 0.05-0.02 0.08 0.02-0.02 0.130.08-0.02 0.06-0.01 0.07-0.05 0.01-0.10 0.02 0.03 0.01 0.11-0.11 0.10 0.10 0.250.02 0.03 PrintDone

Explanation / Answer

First enter Data into EXCEL

We have to find the First Quartile

Excel command is =QUARTILE(array,quart)

First Quartile = Q1 = -0.02

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