In recent years, due to low interest rates, many homeowners refinanced their home mortgages. Below is...

In recent years, due to low interest rates, many homeowners refinanced their home mortgages. Below is the amount refinanced for 20 loans processed last week. The data are reported in thousands of pounds and arranged from smallest to largest.

59.2 59.5 61.6 65.5 66.6 72.9 74.8 77.3 79.2 83.7 85.6 85.8 86.6 87.0 87.1 90.2 93.3 98.6 100.2 100.7

Question: What is the 26th percentile? (use two decimal places)

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orchestra answered 2 years ago

1. In recent years, due to low interest rates, many homeowners refinanced their home mortgages. Linda...

1. In recent years, due to low interest rates, many homeowners refinanced their home mortgages. Linda is mortgage officer at the bank. Below are the amounts refinanced for 20 loans for the last month per $ 1,000's. 34, 60, 61, 66, 66, 73, 75, 77, 79, 83, 85, 86, 87, 87, 90, 93, 93, 100, 125, 130 a) Find the mea, median, 1st quartile, 3rd quartile, and the IQR of the data. ( IQR = 3rd - 1st quartiles )...

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