Question

Average Weekly Earnings The average weeklyearnings in dollars for various industries are listedbelow. Find the percentile rank of each value.
804 736 659 489 777 623 597 524 228
For the same data, what value corresponds to the 40th percentile

Answer 1

Answer:

a. 228- 6th, 489- 17th, 524- 28th, 597- 39th, 623- 50th, 659- 61th, 736- 72th, 777- 83th, 804- 94th

b. 597

Step-by-step explanation:

arrange the data:

228, 489, 524, 597, 623, 659, 736, 777, 804

a. percentile = ((number of items below position + 0.5)/ number of items ) 100

for 228 = (0+0.5/ 9) 100 = 6th

for 489 = (1+0.5/ 9) 100 = 17th

for 524 = (2+0.5/ 9) 100 = 28th

for 597 = (3+0.5/ 9) 100 = 39th

for 623 = (4+0.5/ 9) 100 = 50th

for 659 = (5+0.5/ 9) 100 = 61th

for 736 = (6+0.5/ 9) 100 = 72th

for 777 = (7+0.5/ 9) 100 = 83th

for 804 = (8+0.5/ 9) 100 = 94th

b. The corresponding value for the 40th = number of item( percentile)/ 100

   = 9( 40) / 100 = 3.6 approximately 4th which is 597