In a Data Set with a Range of 55 $P _ { 122.50 }$

question 43

Multiple Choice

In a data set with a range of 55.4 to 105.4 and 400 observations, there are 276 observations_ with values less than 86. Find the percentile for 86.

• A) \(P _ { 122.50 }\)
• B) \(P _ { 32 }\)
• C) \(P _ { 69 }\)
• D) \(P _ { 6 / 2 }\)

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Definitions:

Salvage Value

The estimated monetary value of an asset at the cessation of its useful duration.

Labor Costs

Expenses related to compensating employees for their work, including wages, salaries, and benefits.

Payback Period

The time it takes for an investment to generate cash flows sufficient to recover the initial cost of the investment.

Simple Rate of Return

Is the ratio of net annual cost savings to the initial investment, used to evaluate investment efficiency.