Question
Many automotive experts believe that speed limits on highways are too low. One particular expert has stated that he thinks that most drivers drive at
Many automotive experts believe that speed limits on highways are too low. One particular expert has stated that he thinks that most drivers drive at speeds that they consider safe. He suggested that the "correct" speed limit should be set at the 85th percentile Suppose that a random sample of 400 speeds on a highway where the limit is 60 mph was recorded Speeds x/sx Find the "correct" speed limit (the 85th percentile)
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Financial Statement Analysis
Authors: K. R. Subramanyam, John Wild
11th edition
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