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The following are the P/E ratios (price of stock divided by projected earnings per share) for 17 banks. 22, 43, 18, 15, 23, 24, 21,

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The following are the P/E ratios (price of stock divided by projected earnings per share) for 17 banks. 22, 43, 18, 15, 23, 24, 21, 18, 22, 17, 21, 34, 38, 29, 25, 29, 50 Send data to calculator Send data to Excel Find 40" and 75 percentiles for these ratios. (If necessary, consult a list of formulas.) (a) The 40" percentile: (b) The 75" percentile

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