Dave Supien is a manager at a real estate agency in lower Delaware and has been
ID: 3375995 • Letter: D
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 rank a house that has been on the market for 106 days.
Explanation / Answer
a) Percentile rank of house that has been on the market for 106 days
= (Number of houses in the market from less than 106 days)/(Total number of houses) * 100
= 17/20 * 100
= 85
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