What is a percentile? In particular, is it a percentage (e.g., 23%), or is it specified in the same units as the data (e.g., $35.62)?
Answer to relevant QuestionsName two ways in which percentiles are used. What is the average? Interpret it in terms of the total of all values in the data set. A survey of 613 representative people within your current area indicates that they plan to spend a total of $2,135 on your products next year. You are considering expansion to a new city with 2.1 million people. a. Find the ...Consider the strength of cotton yarn used in a weaving factory, in pounds of force at breakage, measured from a sample of yarn from the supplies room: a. Find the average breaking strength. b. Find the median breaking ...Consider the costs charged for treatment of heart failure and shock by hospitals in the Puget Sound area, using the data from Table 3.9.6 of Chapter 3. a. Summarize the costs. b. Draw a box plot. c. Draw a cumulative ...
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