Ibnu Hafizh

7211419091
AKT IUP 2019
Exercise 4
Listed below are the commissions earned last month by a sample of 15 brokers at Salomon Smith
Barney’s Oakland, California, office. Salomon Smith Barney is an investment company with
offices located throughout the United States.

$2,038 $1,758 $1,721 $1,637 

$2,097 $2,047 $2,205 $1,787 
$2,287 $1,940 $2,311 $2,054 
$2,406 $1,471 $1,460

The first thing to do is to rearrange the data from the smallest amount to the largest.

$1,460, $1,471, $1,637, $1,721, $1,758, $1,787, $1,940, $2,038, $2,047, $2,054, $2,097, $2,205, $2,287,
$2,311, $2,406

After that, locate the middle value of the commissions, which is the median that we are looking
for.

$1,460, $1,471, $1,637, $1,721, $1,758, $1,787, $1,940, $2,038, $2,047, $2,054, $2,097, $2,205, $2,287,
$2,311, $2,406

To locate the first quartile or Q1, we can find the median of the lower half of the data, which is the set of
all values that are on the left of the median value when the data has been put into increasing order.

$1,460, $1,471, $1,637, $1,721, $1,758, $1,787, $1,940, $2,038, $2,047, $2,054, $2,097, $2,205, $2,287,
$2,311, $2,406

And then, to locate the third quartile or Q3, we can find the median of the upper half of the data, which is
the opposite of the lower value. It means the upper half of the data consists of all values that are on the
right of the median value.

$1,460, $1,471, $1,637, $1,721, $1,758, $1,787, $1,940, $2,038, $2,047, $2,054, $2,097, $2,205, $2,287,
$2,311, $2,406

So, the first quartile is $1,721, the second quartile or known as the median is $2,038, and the third quartile
is $2,205.