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What is the role of the National Association of College and University Business Officers in providing...

What is the role of the National Association of College and University Business Officers in providing guidance in the reporting of colleges and universities?

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The National Association of College and University Business Officers collects data on college endowments. In 2013, 849 colleges and universities reported the value of their endowments. When the endowment values are arranged in order, what are the locations of the median and the quartiles in this ordered list? Note, use half integers to represent results in between actual positions. Be sure you calculate your results manually exactly as described in the text and not using software which may have slightly different definitions for the median and quartiles.

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