If the 18th and 19th Observations in a Set of 25

question 29

Short Answer

If the 18th and 19th observations in a set of 25 data values are 42.6 and 43.8, then the 70th percentile value is:
______________

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Definitions:

Customer Demand

The desire and willingness of consumers to purchase goods or services at a given price and time, driving the supply decisions of businesses.

Information Transfer

The process of conveying data, knowledge, or information from one entity or place to another, which is crucial for communication, understanding, and action.

Baby Boom

A period marked by a significant increase in birth rates, often occurring in the aftermath of events such as wars or economic booms, leading to a generation with a large population size.