interpreting percentile ranks El A national chain of department stores ranks its 750,000 salespeople by the...
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interpreting percentile ranks El A national chain of department stores ranks its 750,000 salespeople by the monetary value of their sales. Dale's sales are at the 74th percentile. Jenny's sales are at the 41st percentile. (If necessary, consult a list of formulas.) (a) Which of the following must be true about Dale's sales? O Dale had sales higher in value than about 26% of the salespeople. O About 26% of the salespeople had sales higher in value than Dale. O The value of Dale's sales were about 74% of the chain's total. O The value of Dale's sales were about 26% of the chain's total. (b) Which of the following must be true about Dale's and Jenny's sales? Dale's sales were higher in value than Jenny's sales. Both Dale and Jenny had sales higher in value than the median. O The value of Dale's sales were $3300 more than Jenny's. The values of both Dale's and Jenny's sales were in the bottom half of all of the salespeople. Explanation Check 2020 McGraw-Hill Educntion All Rights Reserved Terms of Lise Privacy I Accessibiity ヘ 后 Type here to search interpreting percentile ranks El A national chain of department stores ranks its 750,000 salespeople by the monetary value of their sales. Dale's sales are at the 74th percentile. Jenny's sales are at the 41st percentile. (If necessary, consult a list of formulas.) (a) Which of the following must be true about Dale's sales? O Dale had sales higher in value than about 26% of the salespeople. O About 26% of the salespeople had sales higher in value than Dale. O The value of Dale's sales were about 74% of the chain's total. O The value of Dale's sales were about 26% of the chain's total. (b) Which of the following must be true about Dale's and Jenny's sales? Dale's sales were higher in value than Jenny's sales. Both Dale and Jenny had sales higher in value than the median. O The value of Dale's sales were $3300 more than Jenny's. The values of both Dale's and Jenny's sales were in the bottom half of all of the salespeople. Explanation Check 2020 McGraw-Hill Educntion All Rights Reserved Terms of Lise Privacy I Accessibiity ヘ 后 Type here to search
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Option 2 is correct 26 person had more sales than Dale sales Top sales is considere... View the full answer
Related Book For
Basic Business Statistics Concepts and Applications
ISBN: 978-0132168380
12th edition
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
Posted Date:
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