About what percent of the data in a data set falls between the median value and the maximum value? Explain About % of the data in this range because the minimum, first quartile, median, third quartile, and maximum divide a data set into equal parts and the given range comprises of these parts
1 answer
This question cannot be answered definitively without additional information about the distribution of the data set. However, assuming the data set is roughly symmetrically distributed, we might expect that approximately 25% of the data falls between the median and the first quartile, and another approximately 25% falls between the median and the third quartile. This leaves approximately 50% of the data outside of this range, with about 25% below the first quartile and 25% above the third quartile. However, it is important to note that these percentages are only estimates and would vary depending on the actual distribution of the data.