In its Industry Norms and Key Business Ratios,Dun & Bradstreet reported that Q1,Q2,and Q3 for 2,037 gasoline service stations' sales to inventory ratios were 20.8,33.4,and 53.8,respectively.From this we can conclude that ____________.
A)68% of these service stations had sales to inventory ratios of 20.8 or less
B)50% of these service stations had sales to inventory ratios of 33.4 or less
C)50% of these service stations had sales to inventory ratios of 53.8 or more
D)95% of these service stations had sales to inventory ratios of 33.4 or more
E)99% of these service stations had sales to inventory ratios of 53.8 or more

Question

Quizplus · Accepted Answer

The second quartile (Q2) represents the median, meaning 50% of the service stations had sales to inventory ratios of 33.4 or less.

In Its Industry Norms and Key Business Ratios,Dun & Bradstreet