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

---

Definitions:

Pension Plan

A type of retirement plan that typically provides retirees with a fixed payout upon retirement, funded by employer, employee contributions, or both during their employment years.

Coverdell Education

A savings account designed specifically for paying education expenses, with tax advantages, for a designated beneficiary.

AGI

Adjusted Gross Income, which is the total gross income minus specific deductions allowable by the IRS, forming the basis for calculating taxable income.

Maximum Contribution

Maximum Contribution refers to the highest amount that an individual or entity can contribute to a retirement plan or investment vehicle in a given year.