The data below indicate the projected daily oil output levels (in thousands of barrels per day) for
Question:
The data below indicate the projected daily oil output levels (in thousands of barrels per day) for the 10 OPEC countries during the next six months:
Algeria………………………. 1200
Indonesia……………………. 995
Iran………………………….. 3750
Kuwait ………………………. 2100
Libya………………………… 1425
Nigeria………………………. 2200
Qatar………………………… 700
Saudi Arabia………………… 8550
UAE………………………… 2240
Venezuela…………………… 2600
a. Determine the median level of oil output.
b. Determine the 20th percentile level of oil output.
c. Determine the 75th percentile level of oil output.
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The ordered list is 1 2 3 4 5 6 7 8 9 10 700 995 1200 1425 2100 2200 2240 2600 3750 8550 a Calcula...View the full answer
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Related Book For 
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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