(i) To create a stem-and-leaf diagram, separate the thousands and hundreds (stem) from the tens and units (leaf) for each price.
Sort the prices: 14 300, 15 300, 15 400, 15 500, 16 100, 16 400, 16 800, 16 800, 17 300, 17 700, 18 500.
Stem-and-leaf diagram:
| Stem |
leaf |
| 14 |
3
|
| 15 |
3
4
5
|
| 16 |
1
4
8
8
|
| 17 |
3
7
|
| 18 |
5
|
Key: \(14 \mid 3\) represents \(14300\) dollars.
(ii) To find the lower quartile (Q1), arrange the prices in ascending order and find the median of the first half.
Sorted prices: 14 300, 15 300, 15 400, 15 500, 16 100, 16 400, 16 800, 16 800, 17 300, 17 700, 18 500.
The first half: 14 300, 15 300, 15 400, 15 500, 16 100.
The median of the first half (lower quartile) is 15 400.