value 14.32 points The Thomas Supply Company Inc. is a distrbutor of gas-powered

Question

value 14.32 points The Thomas Supply Company Inc. is a distrbutor of gas-powered generators. As with any business, the length of time customers take to pay their invoices is important. Listed below, arranged from smallest to largest, is the time, in days, for a sample of The Thomas Supply Company Inc. invoices. 13-13-13-20-26-29_-32- 33 34 34 35 35 36 37 38 41 41 41 4546 47 47 49 52 54 55 56 62 67 82 (Round your answers to 2 decimal places.) a. Determine the first and third quartiles Qs= b. Determine the second decile and the eighth decile c. Determine the 67th percentile

Explanation / Answer

The statistical software output for this problem is:

Summary statistics:

Hence,

a) Q1 = 33

Q3 = 49

b) D2 = 20th percentile = 30.5

D8 = 80th percentile = 53

c) 67th percentile = 47

Column Q1 Q3 20th Per. 80th Per. 67th Per. Data 33 49 30.5 53 47

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