Question

The data below indicate the projected daily oil output levels (in thousands of barrels per day) for the 10 OPEC countries during the next six months:
Algeria.......... 1200
Indonesia......... 995
Iran............ 3750
Kuwait .......... 2100
Libya.......... 1425
Nigeria.......... 2200
Qatar.......... 700
Saudi Arabia....... 8550
UAE.......... 2240
Venezuela........ 2600
a. Determine the median level of oil output.
b. Determine the 20th percentile level of oil output.
c. Determine the 75th percentile level of oil output.


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  • CreatedJuly 16, 2015
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