The Highway Loss Data Institute routinely collects data on collision coverage claims. Collision coverage insures against physical

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The Highway Loss Data Institute routinely collects data on collision coverage claims. Collision coverage insures against physical damage to an insured individual’s vehicle. The data in Table 16 represent a random sample of 18 collision coverage claims based on data obtained from the Highway Loss Data Institute. Find and interpret the first, second, and third quartiles for collision coverage claims.

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