Question

he Thomas Supply Company Inc. is a distributor of gas-powered generators. As with any business, the length of time customers take to pay their invoices is important. Listed below, arranged from smallest to largest, is the time, in days, for a sample of the Thomas Supply Company Inc. invoices. 13 13 13 20 26 27 29 32 34 34 35 35 36 37 38 41 41 41 42 44 46 47 48 50 53 55 56 62 67 82 Click here for the Excel Data File (Round your answers to 2 decimal places.) Determine the first and third quartiles. Determine the second decile and the eighth decile. Determine the 67th percentile

Answer 1

Answer:

30.5 ; 49 ; 27 ; 50 ; 45

Step-by-step explanation:

Determine the first and third quartiles. Determine the second decile and the eighth decile. Determine the 67th percentile

Given the ordered data :

13 13 13 20 26 27 29 32 34 34 35 35 36 37 38 41 41 41 42 44 46 47 48 50 53 55 56 62 67 82

Sample size, n = 30

The first quartile ;Q1

Q1 = 1/4(n+1)th term

Q1 = 31/4 = 7.75th term

Q1 = (29+32)/2

Q1 = 30.5

Q3 ;

Q3 = 3/4(n+1)th term

Q3 = 3(31)/4 = 23.25 th term

Q3 = (48 + 50) /2 = 49

2nd decile :

0.2 * (nth term

0.2 * 30 = 6th term = 27

8th decile :

0.8 * 30 = 24 th term

= 50

67th percentile :

0.67 * (n+1)th term

0.67 * 31 = 20.77

= (44 + 46) / 2

= 45