The Following List Gives 50 Pieces of Ranked Data (Ranked

question 169

Short Answer

The following list gives 50 pieces of ranked data (ranked from smallest to largest). Find the 4th percentile.
 



$\begin{array}{ | c | } \hline { \text { Ranked data } } \\\hline\begin{array}{lllll}12 & 50 & 83 & 122 & 146 \\17 & 52 & 88 & 124 & 149 \\20 & 52 & 94 & 128 & 152 \\24 & 52 & 94 & 130 & 153 \\27 & 58 & 99 & 131 & 159 \\32 & 66 & 102 & 132 & 161 \\38 & 69 & 107 & 135 & 165 \\42 & 74 & 111 & 139 & 168 \\42 & 77 & 116 & 142 & 174 \\46 & 80 & 119 & 146 & 178\\\end{array}\\\hline\end{array}$

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Definitions:

Product Q06F

A specific product identifier, which could refer to a particular item or service offered by a company.

Activity-Based Costing

A costing method that assigns costs to products based on the activities required for their production, attempting to more accurately trace indirect costs to products.

Activity Cost Pools

Aggregations of all the overhead costs associated with a particular activity, used in activity-based costing.

Working On Engagements

This involves professionals being actively involved in projects or contracts with clients, often in consultancy or advisory capacities.