Question

Exercise 3-20 Algo Consider the following data set: -0.05 0.01 -0.01 0.01 -0.03 0.11 -0.05 Click here for the Excel Data File a-1. Calculate the 25th, 50th, and 75th percentiles. (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) 25th percentile 50th percentile 75th percentile a-2. Interpret the 25th, 50th, and 75th percentiles. Approximately 25 percent of the observations have values (Click to select) Approximately 50 percent of the observations have values (Click to select) Approximately 75 percent of the observations have values (Click to select)

Answer 1

-0.05
0.01
-0.01
0.01
-0.03
0.11
-0.05
a)
25th	-0.04
50th	-0.01
75th	0.01

b)

approx25% of observation have values -0.04

approx 50% of observation have values -0.01

approx 75 % of observation have values below 0.01