Chapter 2, Problem 33P

Suppose that you are buying a house. You and your realtor have determined that the most expensive house you can afford Is the 34 percentile. The 34 percentile of housing prices Is $240,000 in the town you want to move to. In this town, can you afford 34°e of the houses or 66°e of the houses?

Use the following Information to answer the next six exercises. Sixty-five randomly selected car salespersons were asked the number of cars they generally sell in one week. Fourteen people answered that they generally sell three cars; nineteen generally sell four cars; twelve generally sell five cars; nine generally sell six cars; eleven generally sell seven cars.