if-q1-20-and-q3-40-in-a-dataset-what-is-the-significance-of-these-values

Question

If Q1 = 20 and Q3 = 40 in a dataset, what is the significance of these values?

Accepted Answer

They mark the boundaries of the middle 50% of the data.

Answer

They represent the minimum and maximum values.

Answer

They indicate the data is symmetric.

Answer

They are the mean and median.