Suppose that the distribution of weekly water usage for single- family homes in a particular city is
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a. What is the approximate value of the 16th percentile?
b. What is the approximate value of the median?
c. What is the approximate value of the 84th percentile?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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