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 Given the following frequency distribution, find the 50th \text { Given the following frequency distribution, find the } 50^{\text {th }}

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 Given the following frequency distribution, find the 50th \text { Given the following frequency distribution, find the } 50^{\text {th }} percentile.
 Class Boundaries  Frequencies 13.518.5418.523.5923.528.51228.533.51533.538.518\begin{array}{|l|l|}\hline \text { Class Boundaries } & \text { Frequencies } \\\hline 13.5-18.5 & 4 \\\hline 18.5-23.5 & 9 \\\hline 23.5-28.5 & 12 \\\hline 28.5-33.5 & 15 \\\hline 33.5-38.5 & 18 \\\hline\end{array}


Definitions:

Cost-Volume-Profit Chart

A chart that graphically shows sales, costs, and the related profit or loss for various levels of units sold.

Total Costs

The sum of all costs associated with the production or acquisition of goods and services, including variable and fixed costs.

Sales Line

A term used to refer to the product line or range of products that generate sales revenue for a business.

Sales Mix

This refers to the composition of different products or services sold by a company, impacting the overall profitability.

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