Exercise 4-23 (Static) (LO4-2, LO4-3) In recent years, due to low interest rates, many homeowners refinanced their home mortgages. Linda Lahey is a mortgage officer at Down River Federal Savings and Loan. Below is the amount refinanced for 20 loans she processed last week. The data are reported in thousands of dollars 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 Click here for the Excel Data File a. Find the median, first quartile, and third quartile. (Enter your answers in thousands and round your answers to 2 decimal places.) b. Find the 26th and 83rd percentiles. (Enter your answers in thousands and round your answers to 2 decimal places.)

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
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Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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Exercise 4-23 (Static) (LO4-2, LO4-3) In recent years, due to low interest rates, many homeowners refinanced their
home mortgages. Linda Lahey is a mortgage officer at Down River Federal Savings and Loan. Below is the amount
refinanced for 20 loans she processed last week. The data are reported in thousands of dollars 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
Click here for the Excel Data File a. Find the median, first quartile, and third quartile. (Enter your answers in thousands
and round your answers to 2 decimal places.) b. Find the 26th and 83rd percentiles. (Enter your answers in thousands
and round your answers to 2 decimal places.)
Transcribed Image Text:Exercise 4-23 (Static) (LO4-2, LO4-3) In recent years, due to low interest rates, many homeowners refinanced their home mortgages. Linda Lahey is a mortgage officer at Down River Federal Savings and Loan. Below is the amount refinanced for 20 loans she processed last week. The data are reported in thousands of dollars 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 Click here for the Excel Data File a. Find the median, first quartile, and third quartile. (Enter your answers in thousands and round your answers to 2 decimal places.) b. Find the 26th and 83rd percentiles. (Enter your answers in thousands and round your answers to 2 decimal places.)
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