The table below shows the percentage of all companies that are minority-owned in 12 regions of the country: 

            Region         % Minority-owned Companies

1………………………………          15.6

2………………………………          18.4

3………………………………          13.7

4………………………………           8.2

5………………………………          16.1

6………………………………          12.8

7………………………………           7.3

8………………………………           4.6

9………………………………          12.5

10……………………………..          14.9

11……………………………..          16.2

12……………………………..           6.3

Identify the 1^st, 2^nd and 3 rd quartiles, and explain what each indicates.