Use the data given below to answer the following question(s).
Following is an extract from the Cost per Order Database of Grogtes LLC.

-Which of the following is true about quartiles?
A)The 25ᵗʰ percentile is called the fourth quartile.
B)One-fourth of the data fall below the fourth quartile.
C)Three-fourths of the data are below the third quartile.
D)The 50ᵗʰ quartile is the third percentile.

Question

Use the data given below to answer the following question(s).
Following is an extract from the Cost per Order Database of Grogtes LLC.
 
-Which of the following is true about quartiles?
A)The 25ᵗʰ percentile is called the fourth quartile. 
B)One-fourth of the data fall below the fourth quartile. 
C)Three-fourths of the data are below the third quartile. 
D)The 50ᵗʰ quartile is the third percentile.

Quizplus · Accepted Answer

The third quartile represents the 75th percentile, which means that three-fourths of the data fall below this value. Option A is incorrect as the 25th percentile is actually the first quartile. Option B is incorrect as one-fourth of the data fall below the first quartile, not the fourth quartile. Option D is incorrect as the 50th quartile is actually the median or the second quartile, not the third percentile.

Use the Data Given Below to Answer the Following Question(s)