In following multiple choice questions, circle the correct the Marks answer: Whi

Question

In following multiple choice questions, circle the correct the Marks answer: Which of the following is the example of qualitative variable? a) The last sale price of 100 shadow stocks. b) The number of new drugs approved during 5 years. c) The type of vehicle you are considering for your next purchase. d) The percentage of the applications came from small businesses. A sample of 15 college seniors showed the following credit hours taken during the final term of the senior year: The 70th percentile is ______ a) 17 b) 18 c) 19 d) 20 According to the Census Bureau, deaths in the United States occur at a rate of 2, 425,000 per year. The National Center for Health Statistics reported that the three leading causes of

Explanation / Answer

Q1) Option C is correct because it is a Qualitative Variable from the given options

Q2) 70th Percentile location will be =(15+1)*0.70 = 11.2

But arrange the data first in increasing order

14, 15, 15. 15,16, 16, 17,18,18,18,18,19,20,21,21

70th percentile = 18

So, Option B is correct

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