Respuesta :
Using the percentile concept, it is found that:
a) 50% of monthly housing rents were more than $570.
b) 75% of monthly housing rents were less than $708.
c) 25% of monthly housing rents were between $570 and $708.
When a measure is in the xth percentile of a data-set, it is greater than x% of the measures and lesser than (100 - x)%.
The correct values are:
- Median of $570.
- Third quartile of $708.
Item a:
The median is the 50th percentile, hence 100 - 50 = 50% of monthly housing rents were more than $570.
Item b:
The third quartile is the 75th percentile, as [tex]100\frac{3}{4} = 75[/tex], hence, 75% of monthly housing rents were less than $708.
Item c:
75% - 50% = 25%, hence, 25% of monthly housing rents were between $570 and $708.
A similar problem is given at https://brainly.com/question/24495213
