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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

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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The ordered list is 1 2 3 4 5 6 7 8 9 10 700 995 1200 1425 2100 2200 2240 2600 3750 8550 a Calcu…View the full answer


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Related Book For  answer-question
Understanding Business Statistics

Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

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Posted Date: July 16, 2015 15:55:28
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