For the Distribution in the Following Table, What Is the Percentile

question 29

Multiple Choice

For the distribution in the following table, what is the percentile rank for X = 7?
$\begin{array}{cc}X & C / 0 \\\hline 9 & 100 \% \\8 & 80 \% \\7 & 50 \% \\6 & 25 \%\end{array}$

• A) \( X=80 \% \)
• B) \( X=65 \% \)
• C) \( X=50 \% \)
• D) \( X=37.5 \% \)

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Definitions:

Direct Labor Hours

The total hours worked by employees directly involved in the manufacturing process of a company's products.

Finishing Rate

The pace at which a production process or construction project is completed, often measured in units per hour or days per project phase.

Machine Hours

A measure of the amount of time a machine is operated, used in cost accounting to allocate expenses to products.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on their use of activities.