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

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 4DGP
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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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