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What is the new value of the first quartile

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Reference no: EM131131943

1. Calculate the first quartile of a distribution that consists of the following asset returns: 10%, 23%, 13%, 17%, 19%, 5%, 4%.

2. If we include one more return observation of 10% in our data set, what is the new value of the first quartile?

Reference no: EM131131943

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