The price-earnings ratio for 19 stocks in the retail trade category are: 8.6 9.9 9.8 9.4 9.1 11.5 8.0 10.4 10.2 11.1 10.5 8.3 8.7 8.4 11.9 9.9 9.1 8.3 10.7 1. How many observations fall above the 7th decile of the price-earnings ratio? A. 5 B. 6 C. 7 D. 8 2. What is the first quartile value of the price-earnings ratio? A. 8.3 B. 8.65 C. 10.45 D. 11.18

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