Given the Following Data Set, Find the Value That Corresponds

question 61

Short Answer

Given the following data set, find the value that corresponds to the 75th percentile.
10, 44, 15, 23, 14, 18, 72, 56

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Definitions:

Cost-Volume-Profit Relationships

An analysis tool measuring how changes in costs, sales volume, and price affect a company’s profit.

Net Operating Income

The profit realized from a business's operations after subtracting operating expenses from gross profit.

Sold Unit

Refers to a single unit of product that has been sold, representing a measure of the volume of sales transactions.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, influenced by the proportion of fixed costs to variable costs.