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The Upper Quartile are the results of the upper one-fourth of the operating income-reporting printers. The Lower Three Quartiles are firms in the lower three-fourths. PIA usually reports only "All Firms" and the "Upper Quartile" of firms. Obviously, reporting the "Lower Three Quartiles," as I've done, would be embarrassing to the industry and to the trade association. Broken or not, they're reporting with measurements we've given them.
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