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The Company Financial Officer Was Interested in the Average Cost

question 190

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The company financial officer was interested in the average cost of PCs that had been purchased in the past six months. A random sample of the price of 10 computers was taken with the following results;
$3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000

-What is the 90th percentile?


Definitions:

Skim

The act of quickly reading or glancing through a text to obtain a general understanding or to locate specific information without in-depth analysis.

Highlights

The most interesting or significant parts, aspects, or events, often summarized or presented for emphasis.

Readability

The ease with which a reader can understand or comprehend the written text based on factors such as layout, font size, and language complexity.

Revision Process

The act of reviewing, editing, and amending a document or piece of work to improve its quality.

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