Question: Consider the following five-point summary for a variable that was obtained using 200 observations. Minimum Q1 Median Q3 Maximum 60 80 92 104 124 Interpret

Consider the following five-point summary for a variable that was obtained using 200 observations.

Minimum Q1 Median Q3 Maximum
60 80 92 104 124

Interpret Q3. multiple choice 2

Eighty percent of the observations are less than 104, 20% of the observations are greater than 104.

Seventy-five percent of the observations are less than 104, 25% of the observations are greater than 104.

Twenty percent of the observations are less than 104, 80% of the observations are greater than 104.

Twenty-five percent of the observations are less than 104, 75% of the observations are greater than 104.

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