Problem: From the following frequency table of expenses incurred by employees of an organization. Calculate P25, P40 and P75.
Solution:
In case of frequency distribution 25th percentile can be calculated by using the formula given below:
40th percentile of frequency distribution can be calculated by using the formula given below:
75th percentile of frequency distribution can be calculated by using the formula given below:
Page: 1 2
Walmart Inc. is the world’s largest retailer, and it is one of the most admired…
This article will analyze in detail the role of managers in the adaptation of corporate…
British Airways is a renowned airline company, which has gained success as well as faced…
The article is related to the development of a Knowledge Management System (KMS) for MJR…
The report focused on analysis of IKEA, a prominent retail organization, with global operations. The…
The report offers an analysis of the human resource management strategies implemented at PlusNet and…
View Comments
it is very good in explaining about this topic,..and i easily learn oiut of it
Thank you, the topic has helped me alot
How to find percentile using % ?
How about finding of p1 for any given data between number 1-98
Nice write up.It is really self-explanatory.
How about finding P98? Using the formula, we will be able to solve that P98 is the 25.48th item. However, we only have 25 items. How do we compute or explain it? Because we already went beyond the value of n.