Provide an Appropriate Response A)50th Percentile
B)90th Percentile
C)30th Percentile
D)40th Percentile

question 71

Multiple Choice

Provide an appropriate response.
-The test scores of 30 students are listed below. Find the percentile that corresponds to a score of 74. $$\begin{array} { l l l l l l l l l l } 31 & 41 & 45 & 48 & 52 & 55 & 56 & 56 & 63 & 65 \\67 & 67 & 69 & 70 & 70 & 74 & 75 & 78 & 79 & 79 \\80 & 81 & 83 & 85 & 85 & 87 & 90 & 92 & 95 & 99\end{array}$$

• A)50th percentile
• B)90th percentile
• C)30th percentile
• D)40th percentile

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Definitions:

Supply

The total amount of a good or service available for purchase at any given price level in a given market.

Inelastic

Describes a situation where the demand or supply for a good or service is not significantly changed by variations in price.

Elastic

Describes a situation in which the demand or supply for a good or service significantly changes in response to a change in price.

Coefficient

A numerical or constant factor in an equation that multiplies the variable, indicating the degree or level of some effect.