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hurricane damage find the percentile rank for each value in the data se…

Question

hurricane damage find the percentile rank for each value in the data set. the data represent the values in billions of dollars of the damage of 6 hurricanes. round to the nearest whole percentile.
1.4, 3.4, 5.3, 8.8, 10.8, 11.6
send data to excel
part: 0 / 7
part 1 of 7
the percentile rank for the value 1.4 is

Explanation:

Step1: Recall percentile rank formula

The formula for percentile rank of a value $x$ is:
$$\text{Percentile Rank} = \frac{\text{Number of values less than } x + 0.5 \times \text{Number of values equal to } x}{\text{Total number of values}} \times 100$$

Step2: Identify values for 1.4

Total values $n=6$; values less than 1.4: 0; values equal to 1.4: 1

Step3: Calculate percentile rank

$$\text{Percentile Rank} = \frac{0 + 0.5 \times 1}{6} \times 100 = \frac{0.5}{6} \times 100 \approx 8.33$$

Step4: Round to nearest whole number

Round 8.33 to 8.

Answer:

8