Question:

The ogive shown below is the distribution of monthly returns

Last updated: 8/10/2022

The ogive shown below is the distribution of monthly returns

The ogive shown below is the distribution of monthly returns for a group of aggressive (or high growth) mutual funds over a period of 25 years from 1975 to 1999. (Recall that an ogive, or cumulative relative frequency graph, shows the percent of cases at or below a certain value. Thus, this graph always begins at 0% and ends at 100%.) Complete parts a through c to the right. a) Estimate the median. The median is 6%. (Round to the nearest whole number as needec b) Estimate the quartiles. The lower quartile is 3%. (Round to the nearest whole number as needed The upper quartile is 10%. (Round to the nearest whole number as needed c) Estimate the range and the IQR. The range is 27%. (Round to the nearest whole number as needed The IQR is 7%. (Round to the nearest whole number as needed