Dave Supien is a manager at a real estate agency in lower Delaware and has been

Question

Dave Supien is a manager at a real estate agency in lower Delaware and has been looking at the current housing market. He established that the market conditions have been recovering during the past few years and wanted to continue his analysis. The following data shows the number of days a house has been on the market for Sussex County during the past year.

38 94 106 32 70 115 17 34 76 100 48

62 40 77 39 51 68 10 87 178 69

Find the following.

A) The percentile of days between the second and third positions.

Explanation / Answer

Ans:

Sorted data in ascending order:

There are total 21 data values.

Between second and third positions,so percentile i.e. 100*2/21=9.5 i.e approximately 9th percentile.

P9=(17+32)/2=24.5 or approximate;y 25 days.

10 69 17 70 32 76 34 77 38 87 39 94 40 100 48 106 51 115 62 178 68

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