Question: The Median is the middle value when the data is arranged in ascending order. Since we have 20 companies, the median is the average of
The Median is the middle value when the data is arranged in ascending order. Since we have 20 companies, the median is the average of the 10th and 11th values, which is $10 million. Q3 is the median of the upper half of the data, which is $14 million. P45 is the 45th percentile, which is also $10 million because it falls in the range of the 10th to 14th values. The Range is the difference between the highest and lowest values, which is $20 million - $2 million = $20 million.]
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