Dataset P represents the monthly sales of Product X over the last year, with a median of $5,000 and an interquartile range (IQR) of $1,200. Dataset Q represents the monthly sales of Product Y over the same period, with a median of $4,800 and an IQR of $800. Which of the following statements is most likely true?
✓ Correct Answer: Option C
The IQR measures the spread of the middle 50% of data. Product X has an IQR of $1,200, while Product Y has an IQR of $800. This means the middle 50% of Product X's sales values cover a wider range than Product Y's.
📚 About This GMAT Exam Prep Practice Question
This 2-level GMAT Exam Prep question from the Data Insights topic is part of BrainForge Quiz's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.
How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free GMAT Exam Prep practice test or use flashcards for spaced repetition review.