Monthly Sales 6267.19 7058.06 7119.5 7147.18 7198.52 7298.09 7325.7 7335.68 7355.97 7481.05 7490.23 7530.08 7616.09 7682.69 7684.14 7704.12 7704.98 7779.28 7798.23 7815.15 7844.16 7890.21 7977.6 7993.16 8021.03 8028.37 8068.86 8082.42 8096.17 8119.25 8129.21 8190.68 8255.28 8282.44 8376.31 8392.4 8400.95 8451.16 8456.66 8505.35 8539.25 8543.65 8573.05 8641.78 8667.48 8751.08 8777.97 8800.08 8888.65 8907.03 9096.87 9241.74 9411.68 9450.73 9484.62 9514.57 9521.4 9524.91 9733.44 10123.24 If you view the company’s performance record as a representative sample of its overall sales performance, and considering what you know about normal distribution, what is the dollar value for the lowest 25th percentile?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.3: Geometric Sequences
Problem 81E
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Question
Monthly Sales
6267.19
7058.06
7119.5
7147.18
7198.52
7298.09
7325.7
7335.68
7355.97
7481.05
7490.23
7530.08
7616.09
7682.69
7684.14
7704.12
7704.98
7779.28
7798.23
7815.15
7844.16
7890.21
7977.6
7993.16
8021.03
8028.37
8068.86
8082.42
8096.17
8119.25
8129.21
8190.68
8255.28
8282.44
8376.31
8392.4
8400.95
8451.16
8456.66
8505.35
8539.25
8543.65
8573.05
8641.78
8667.48
8751.08
8777.97
8800.08
8888.65
8907.03
9096.87
9241.74
9411.68
9450.73
9484.62
9514.57
9521.4
9524.91
9733.44
10123.24

If you view the company’s performance record as a representative sample of its overall sales performance, and considering what you know about normal distribution, what is the dollar value for the lowest 25th percentile?

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If you view the company’s performance record as a representative sample of its overall sales performance, and considering what you know about normal distribution, what is the dollar value for the 95th percentile?

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