Use the data given below to answer the following question(s).
Following is an extract from the Cost per Order Database of Grogtes LLC.

-Which of the following does the 38th percentile of the costs per order indicate?
A)17% of the costs per order are less than or equal to $190.40.
B)38% of the costs per order are less than or equal to $183.00.
C)83% of the costs per order are less than or equal to $10.44.
D)62% of the costs per order are less than or equal to $1,001.56.

Question

Use the data given below to answer the following question(s).
Following is an extract from the Cost per Order Database of Grogtes LLC.
 
-Which of the following does the 38th percentile of the costs per order indicate?
A)17% of the costs per order are less than or equal to $190.40. 
B)38% of the costs per order are less than or equal to $183.00. 
C)83% of the costs per order are less than or equal to $10.44. 
D)62% of the costs per order are less than or equal to $1,001.56.

Quizplus · Accepted Answer

The 38th percentile means that 38% of the values are below this value. Therefore, option B is correct as it states that 38% of the costs per order are less than or equal to $183.00. Option A, C, and D are incorrect as they do not correspond to the 38th percentile value.

Use the Data Given Below to Answer the Following Question(s)