2.63 Youth unemployment In recent years, many European nations have suffered from relatively high youth unemployment. For

Question:

2.63 Youth unemployment In recent years, many European nations have suffered from relatively high youth unemployment.

For the 28 EU nations, the table below shows the unemployment rate among 15- to 24-year-olds in 2013, also available as a file on the book’s website. (Source:

World Bank). If you are computing the statistics below by hand, it may be easier to arrange the data in increasing order and write them in 4 rows of 7 values each.

a. Find and interpret the second quartile 1=median2.

b. Find and interpret the first quartile (Q1).

c. Find and interpret the third quartile (Q3).

d. Will the 10th percentile be around the value of 6 or 16?

Explain.

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