Yearly Donations ​ the Following Data Represent the Yearly Donations (In

question 234

Essay

Yearly Donations
​ The following data represent the yearly donations (in thousands of dollars)of a sample of 13 benefactors: 26.5,23.5,29.7,24.8,21.1,24.3,20.4,22.7,27.2,23.7,24.1,24.8,and 28.2. ​ ​
-{Yearly Donations Narrative} Compute and interpret the 90th percentile.

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Definitions:

Monopolistic Competitor

Refers to a market structure where many companies sell products that are similar but not identical, allowing them some power to set prices.

Profit

Profit is the financial gain realized when the amount earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Product Promotion

Various marketing strategies and tactics used to increase awareness, interest, and sales of a product.

Monopolistically Competitive Industry

A commercial setup in which various enterprises market goods that are comparable, though not identical, granting them a measure of control within the marketplace.