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An individual stock is selected at random from the portfolio represented by the box-and-whisker plot shown to the right. Find

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Answer #1

a) 25 is the first quartile

P(X < 25) = 0.25 (ans)

b) 33 is the median

P(25 < X < 33) = P(X < 33) - P(X < 25) = 0.5 - 0.25 = 0.25 (ans)

c) P(X > 33) = 0.5 (ans)

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