Question: The Highway Loss Data Institute routinely collects data on collision coverage claims. Collision coverage insures against physical damage to an insured individuals vehicle. The data
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.

Table 16 $6751 $9908 $3461 $2336 $21,147 $2332 $189 $1185 $370 $1414 $4668 $1953 $10,034 $735 $802 $618 $180 $1657
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