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The local amusement park was interested in the average wait time at their most popular roller coaster at the peak park time (2 p.m.) . They selected 13 patrons and had them get in line between 2 and 3 p.m. Each was given a stopwatch to record the time they spent in line. The times recorded were as follows (in minutes) . 118, 124, 108, 116, 99, 120, 148, 118, 119, 121, 45, 130, 118
What is the 65th percentile?
Measure of Variability
A measure of variability is a summary statistic that represents the amount of dispersion in a dataset, examples include range, variance, and standard deviation.
Measure of Central Tendency
A statistical measure that identifies a single value as representative of an entire distribution of data, such as the mean, median, or mode.
Statistic
A numerical value that summarizes or describes an aspect of a sample.
Parameter
A measurable characteristic that describes an aspect of a population in statistical analysis.
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