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4. Explain the value of the interquartile range presented in Table 1.3. Table 1.3. Other Descriptives Statistic Std. Error Credit card debt in Mean 1.5768

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4. Explain the value of the interquartile range presented in Table 1.3. Table 1.3. Other Descriptives Statistic Std. Error Credit card debt in Mean 1.5768 .07292 thousands 95% Confidence Lower 1.4337 Interval for Mean Bound Upper 1.7199 Bound Median 8851 Variance 4.519 Std. Deviation 2. 12584 Minimum .01 Maximum 20.56 Range 20.55 Interquartile Range 1.52 Skewness 3.702 .084 Kurtosis 19.500 . 1686. What is the use of the test presented in Table l.5? State the hypotheses and the conclusion using the social science standard of a = .05 of the test. Table l.5 Test of Homogeneity ofVarlances Credit card debt in thousands Levene Statistic d! | d Sig. 3.580 3 846 .0l4 I}

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