The average weekly earnings in dollars for various industries are listed below. Find the percentile rank of each value. Round to the nearest whole percentile. 548, 450, 475, 460, 687, 514 641 The percentile rank of the value 548 is ?

Krish Crosby

Krish Crosby

Answered question

2022-09-24

The average weekly earnings in dollars for various industries are listed below. Find the percentile rank of each value. Round to the nearest whole percentile.
548, 450, 475, 460, 687, 514 641
The percentile rank of the value 548 is ?

Answer & Explanation

Genesis Rosario

Genesis Rosario

Beginner2022-09-25Added 11 answers

Solution-:
We have following data:
548,450,475,460,687,514,641
We find the percentile rank of the value 548 ?
We arrange all observation in increasing order as below:
450, 460, 475, 514, 548, 641, 687
Here, n=Number of values=7
X=Number of values less than 548 =4
Percentile rank of the value 548 = x n 100 = 4 7 100 = 57.1429 57
Therefore, The percentile rank of the value 548 is 57

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