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.