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The boxplot below displays the student debts (in $) of a large number of students graduating from four-year colleges:
Note: The numbers on the x-axis correspond to the minimum, Q1, M, Q3, and the Maximum.
Within which interval would you expect to find the greatest number of student debts?
ANSWER:
All are equal.
Good job! Indeed, 25% of the observations fall between the minimum and Q1 (first answer), 25% of the observations fall between Q1 and M (second answer), 25% of the observations fall between M and Q3 (third answer), and 25% of the observations between Q3 and the maximum (fourth answer).