Suppose that the value of a stock varies each day from $12.82 to $28.17 with a uniform distribution. Find the third quartile; 75% of all days the stock is below what value? (Enter your answer to the nearest cent.)

 24.33

Explanation:

The range is

range = max - min

range = 28.17 - 12.82

range = 15.35

This is the width of this particular uniform distribution.

Apply 75% to this value

75% of 15.35 = 0.75*15.35 = 11.5125

Then finally, add that to the min

12.82 + 11.5125 = 24.3325 which rounds to 24.33

We can see that 75% of the values are below 24.33 which makes it the 3rd quartile (Q3).

reduce the friction between its moving parts

step-by-step explanation:

in fact, by reducing the friction between the moving parts of the machine, it is possible to reduce the energy wasted due to this friction; therefore, more input energy is converted into useful work, and this will improve the efficiency of the machine.

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