The table below shows US crude oil production, in millions of barrels per day, from 1970 to
Question:
a. Determine and interpret the 20th percentile value for the oil production data.
b. Determine and interpret the 75th percentile value.
c. Determine and interpret the median value.
d. What is the percentile for the oil production in 1989? 2003?
Transcribed Image Text:
11233556666778924 5 4 7 787877888 7 560862185028557665762 .9 0 1 1 3 4 5 6 7 8 8 8 244568134 455555555555666666777 2109876543201 2
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 78% (14 reviews)
a Calculate 82 which well round up to 9 The 20 th percentile value then is 575 the 9 th entry in the ...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
Question Posted:
Students also viewed these Statistics questions
-
The following table represents world oil production in millions of barrels a day in 2013: a. Compute the percentage of values in each category. b. What conclusions can you reach concerning the...
-
The table below shows US unemployment rates by educational level for individuals 25 years and older in September 2011 Use a weighted average approach to determine the overall unemployment rate (for...
-
The following table represents world oil production in millions of barrels a day in the third quarter of 2011: Region ___________________Oil Production (millions of barrels a day) Iran...
-
Communication: What are the characteristics of effective communication relevant to your team project submission? Relate to theory. Provide a minimum of 4. ( 8 ) Assess your communication...
-
What are the two primary questions related to independent demand inventory systems?
-
Can the problems associated with fossil fuels be cured by planting enough trees? Explain your reasoning.
-
Light from a partially polarized pseudothermal source is found to have a coherence matrix of the form \[ \underline{\mathbf{J}}=\bar{I}\left[\begin{array}{ll} 1 / 2 & -1 / 6 \\ -1 / 6 & 1 / 2...
-
On January 1, 2017, Kimbel Inc. had these stockholders' equity balances Common Stock, $1 par (2,000,000 shares authorized, 600,000 shares issued and outstanding) .............................$...
-
3. What is the certificate validation hierarchy? Show the validation process of a X509 certificate from the Root CA and a SubCA. (10 Points) ROOT CA SUB CA X509 Certificate 1 X509 Certificate 2
-
An ISP is granted the block 80.70.56.0/21. The ISP needs to allocate addresses for two organizations each with 500 addresses, two organizations each with 250 addresses, and three organizations each...
-
The World Population Data Sheet provides comprehensive data on world population trends. The table below shows birth rates for five selected countries, along with each countrys GNI (Gross National...
-
Five auditors participated in an experiment. Each was asked to identify errors or red flags in the financial statements of a fictitious company. The time that each of the five took to do the audit...
-
The b2 decay of phosphorus 32 15 P (atomic mass 5 31.973 907 u) produces a daughter nucleus that is sulfur 32 16 S (atomic mass = 31.972 070 u), a particle, and an antineutrino. The kinetic energy...
-
Scenario Planning in a Rapidly changing Global Marketing Environment: Three events took place between 2001 and 2003 which changed the world. One was the attack on the World Trade Centre in 2001, the...
-
Required information [The following information applies to the questions displayed below.] Jorgansen Lighting, Incorporated, manufactures heavy-duty street lighting systems for municipalities. The...
-
What's In a Marketing Plan? How do these elements help businesses to achieve their marketing goals and objectives? What metrics do they use to evaluate their success, and how do they use this...
-
The bookshop business you work for is sells a book series titled 'The wonderful world of Business maths". There are three books in the series, called book 1, book 2 and book 3. The bookshop owner is...
-
Determine the diameter and spacing of transverse reinforcement to have N022 NOI. Concrete Class: C30 Steel Type for Longitudinal Reinforcement: $220 Longitudinal Reinforcement: 8626 Steel Type for...
-
Identify five functions of budgeting.
-
You are a Loan Officer with an Investment Bank. Today you need to set your lending parameters. They are: LTV: 55% 10 Year T-Bill: TBD Rate Markup: 300 Basis Points Term: 30 Years Amortization: 30...
-
The managing partner of a major consulting firm is trying to assess the effectiveness of expensive computer skills training given to all new entry-level professionals. In an effort to make such an...
-
A large buyer of household batteries wants to decide which of two equally priced brands to purchase. To do this, he takes a random sample of 100 batteries of each brand. The lifetimes, measured in...
-
The managers of a chemical manufacturing plant want to determine whether recent safety training workshops have reduced the weekly number of reported safety violations at the facility. The management...
-
Question: d. ?During December, Ingrid Legal Services provided legal services, and the client prepaid $7,000. ?Ingrid Legal Services recorded this amount as Unearned Revenue. The job will take several...
-
Question: A company had the following purchases and sales during the month of November:\table[[Date,Activities,Units Acquired at Cost,Units Sold at Retail],[November 1,Beginning inventory,5 units @...
-
Question: Tania, Inc. issued a note payable with principal and interest due at the end of the term of the note. Details about the note payable are as follows:Issuance date: October 1, fear...
Study smarter with the SolutionInn App