The 80th percentile in Rand is approximately: A. R 67 149 B. R 65 277 C. R 59 655 D. R 65 000

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The 80th percentile in Rand is approximately:
A. R 67 149
B. R 65 277
C.
R 59 655
D. R 65 000
Transcribed Image Text:The 80th percentile in Rand is approximately: A. R 67 149 B. R 65 277 C. R 59 655 D. R 65 000
For this question refer to the grouped frequency distribution shown in Table 2, in which the salaries (In
R'000s) of 40 employees of a major firm are presented.
CLASS
Freq., f
Cum. Freq.
Midpoint, x
0
20
40
60
80
< 20
<40
< 60
< 80
< 100
Totals >>
9
7
14
8
2
40
9
16
30
38
40
10
30
50
70
90
x²
100
900
2500
4900
8100
Σx² = A
fx
90
210
700
560
270
Σfx = B
fx²
900
6300
35000
C=
16200
Σfx²=
97600
Transcribed Image Text:For this question refer to the grouped frequency distribution shown in Table 2, in which the salaries (In R'000s) of 40 employees of a major firm are presented. CLASS Freq., f Cum. Freq. Midpoint, x 0 20 40 60 80 < 20 <40 < 60 < 80 < 100 Totals >> 9 7 14 8 2 40 9 16 30 38 40 10 30 50 70 90 x² 100 900 2500 4900 8100 Σx² = A fx 90 210 700 560 270 Σfx = B fx² 900 6300 35000 C= 16200 Σfx²= 97600
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