In a recent consumer survey, 18 mall shoppers were asked about the total value of their purchases

Question:

In a recent consumer survey, 18 mall shoppers were asked about the total value of their purchases on the day of the survey. Results are shown below:
$110, 256, 23, 45, 168, 122, 135, 56, 18, 0, 44, 68, 120, 115, 456, 256, 174, 88
a. Determine and interpret the 40th percentile value.
b. Determine and interpret the 85th percentile value.
c. Determine and interpret the median value.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

Question Posted: