According to www.experian.com, the average FICO score in the United States was around 703 in September...
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According to www.experian.com, the average FICO score in the United States was around 703 in September 2019. Suppose the following data represent the credit scores of 22 randomly selected loan applicants Q₂ = a. Calculate the values of the three quartiles and the interquartile range. Where does the value 572 fall in relation to these quartiles? Q₁ = IQR= 350 621 The value 572 is in the 812 499 639 722 600 414 572 650 521 778 707 695 604 614 797 430 626 460 744 749 25% group from the bottom in the (ranked) data set b. Find the approximate value of the 33th percentile. Give a brief interpretation of this percentile. Enter an exact answer. Approximately 33% of the credit scores of applicants are c. Calculate the percentile rank of 572. Give a brief interpretation of this percentile rank. Round your answer to two decimal places. % This percentage of the credit scores of applicants are this value. 572 According to www.experian.com, the average FICO score in the United States was around 703 in September 2019. Suppose the following data represent the credit scores of 22 randomly selected loan applicants Q₂ = a. Calculate the values of the three quartiles and the interquartile range. Where does the value 572 fall in relation to these quartiles? Q₁ = IQR= 350 621 The value 572 is in the 812 499 639 722 600 414 572 650 521 778 707 695 604 614 797 430 626 460 744 749 25% group from the bottom in the (ranked) data set b. Find the approximate value of the 33th percentile. Give a brief interpretation of this percentile. Enter an exact answer. Approximately 33% of the credit scores of applicants are c. Calculate the percentile rank of 572. Give a brief interpretation of this percentile rank. Round your answer to two decimal places. % This percentage of the credit scores of applicants are this value. 572
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a Calculate the values of the three quartiles and the interquartile range Where does the value 572 f... View the full answer
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