document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1117420>Question 1117420</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The following are the P/E ratios (price of stock divided by projected earnings per share) for 17 banks.<BR>\n" );
document.write( "50, 19, 38, 17, 22, 22, 22, 22, 19, 14, 18, 43, 29, 24, 15, 18, 20<BR>\n" );
document.write( "Find 25th and 70th percentiles for these ratios. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #732579 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=732579\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The following are the P/E ratios (price of stock divided by projected earnings per share) for 17 banks.<BR>\n" );
document.write( "50, 19, 38, 17, 22, 22, 22, 22, 19, 14, 18, 43, 29, 24, 15, 18, 20<BR>\n" );
document.write( "Find 25th and 70th percentiles for these ratios. <BR>\n" );
document.write( "----<BR>\n" );
document.write( "Procedure:<BR>\n" );
document.write( "Arrange the data in rank order from smallest to largest.<BR>\n" );
document.write( "Then 25%(17) = 4.25.<BR>\n" );
document.write( "So the 25%ile element is the value 5 from the bottom:: 20<BR>\n" );
document.write( "----<BR>\n" );
document.write( "Also 90%(17) = 15.3<BR>\n" );
document.write( "So the 90%ile element is the value 16 from the bottom:: 43<BR>\n" );
document.write( "----------<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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