Consider the frequency table for the variable monthly income (in hundreds of dollars) for a sample of 400 individuals,

In this sample, for 25% of the individuals monthly income is at most 15 hundreds of dollars and for 75% of the individuals monthly income is at most 30 hundreds of dollars. Choose the correct option below.

Question

Consider the frequency table for the variable monthly income (in hundreds of dollars) for a sample of 400 individuals, 
  
 In this sample, for 25% of the individuals monthly income is at most 15 hundreds of dollars and for 75% of the individuals monthly income is at most 30 hundreds of dollars. Choose the correct option below.

Answer

All the individuals in this sample with monthly income below 12.5 hundreds of dollars are considered to have an unusually low monthly income.

Answer

none of the options is correct.

Answer

All the individuals in this sample with monthly income above 52.5 hundreds of dollars are considered to have an unusually high monthly income.

Answer

There are no individuals in this sample with unusually high or  low values for monthly income.

Answer

All the individuals in this sample with monthly income above 40 hundreds of dollars are considered to have an unusually high monthly income.

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Consider the frequency table for the variable monthly income (in hundreds of dol...

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