Given the Following Data Set, Find the Percentile Rank for a Score

question 95

Short Answer

Given the following data set, find the percentile rank for a score of 34.
56, 42, 34, 37, 28, 28, 35, 55

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Definitions:

English Auction

A bidding process where the price ascends and the highest bid wins, commonly used in auction houses and online marketplaces.

Willingness To Pay

The maximum amount an individual is prepared to spend on a good or service, reflecting the perceived value.

Revenue

The total amount of money generated from the sale of goods or services before any expenses are subtracted.

Probability

The measure of the likelihood that an event will occur, expressed as a number between 0 (impossible) and 1 (certain).