The tenth percentile corresponds to observations in bin(s): A. 2. B. 1 and 2. C. 19 and
Question:
The tenth percentile corresponds to observations in bin(s):
A. 2.
B. 1 and 2.
C. 19 and 20.
Consider the results of an analysis focusing on the market capitalizations of a sample of 100 firms:
Transcribed Image Text:
Bin 1 2 3 Exhibit 1: Market Capitalization of a Sample of 100 Firms Market Capitalization (euro billions) 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Cumulative Percentage of Sample (%) 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 Lower Bound 0.28 15.45 21.22 29.37 32.57 34.72 37.58 39.90 41.57 44.86 46.88 49.40 51.27 53.58 56.66 58.34 63.10 67.06 73.00 81.62 Upper Bound 15.45 21.22 29.37 32.57 34.72 37.58 39.90 41.57 44.86 46.88 49.40 51.27 53.58 56.66 58.34 63.10 67.06 73.00 81.62 96.85 Number of Observations 10 10 5 5 5 5 5 5 51 5 5 555 5 5 5 in in in in in 5 5 5 5 5
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