Refer to the
[link] . Find the third quartile. What is another name for the third quartile?
The third quartile is the 75
th percentile, which is four. The 65
th percentile is between three and four, and the 90
th percentile is between four and 5.75. The third quartile is between 65 and 90, so it must be four.
Your instructor or a member of the class will ask everyone in class how many sweaters they own. Answer the following questions:
How many students were surveyed?
What kind of sampling did you do?
Construct two different histograms. For each, starting value = _____ ending value = ____.
Find the median, first quartile, and third quartile.
Construct a table of the data to find the following:
the 10
th percentile
the 70
th percentile
the percent of students who own less than four sweaters
A formula for finding the
k Th percentile
If you were to do a little research, you would find several formulas for calculating the
kth percentile. Here is one of them.
k = the
k
th percentile. It may or may not be part of the data.
i = the index (ranking or position of a data value)
n = the total number of data
Order the data from smallest to largest.
Calculate
If
i is an integer, then the
k
th percentile is the data value in the
i
th position in the ordered set of data.
If
i is not an integer, then round
i up and round
i down to the nearest integers. Average the two data values in these two positions in the ordered data set. This is easier to understand in an example.
Listed are 29 ages for Academy Award winning best actors
in order from smallest to largest. 18; 21; 22; 25; 26; 27; 29; 30; 31; 33; 36; 37; 41; 42; 47; 52; 55; 57; 58; 62; 64; 67; 69; 71; 72; 73; 74; 76; 77
Find the 70
th percentile.
Find the 83
rd percentile.
k = 70
i = the index
n = 29
i =
(
n + 1) = (
)(29 + 1) = 21. Twenty-one is an integer, and the data value in the 21
st position in the ordered data set is 64. The 70
th percentile is 64 years.
k = 83
rd percentile
i = the index
n = 29
i =
(
n + 1) = )
)(29 + 1) = 24.9, which is NOT an integer. Round it down to 24 and up to 25. The age in the 24
th position is 71 and the age in the 25
th position is 72. Average 71 and 72. The 83
rd percentile is 71.5 years.
k = 20. Index =
i =
(29 + 1) = 6. The age in the sixth position is 27. The 20
th percentile is 27 years.
k = 55. Index =
i =
(29 + 1) = 16.5. Round down to 16 and up to 17. The age in the 16
th position is 52 and the age in the 17
th position is 55. The average of 52 and 55 is 53.5. The 55
th percentile is 53.5 years.
You can calculate percentiles using calculators and computers. There are a variety of online calculators.
A formula for finding the percentile of a value in a data set
Order the data from smallest to largest.
x = the number of data values counting from the bottom of the data list up to but not including the data value for which you want to find the percentile.
y = the number of data values equal to the data value for which you want to find the percentile.
n = the total number of data.
Calculate
(100). Then round to the nearest integer.
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost
6% more than previous year? Provide with reasoning.
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Good day
How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200.
Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
I am Camara from Guinea west Africa... happy to meet you guys here
Sekou
ma management ho
Amisha
ahile becheclor ho
Amisha
hjr ktm bta ho
ani k kaam grnu hunxa tw
Amisha
belatari
Amisha
1st year ho
Amisha
nd u
Amisha
ahh
Amisha
kaha biratnagar
Amisha
ys
Amisha
kina k vo
Amisha
money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
all of you please speak in English I can't understand you're language
Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9
no Mpc is greater than 1
Y=100+.9Y+50
Y-.9Y=150
0.1Y/0.1=150/0.1
Y=1500
Kalombe
Mercy is it clear?😋
Kalombe
hi can someone help me on this question
If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output?
discuss your answer using appropriate graph.
