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2.2 Exercise 27

Avg difficulty 2.5

In a study collecting data about the repair costs of damage to automobiles in a certain type of crash tests, a certain model of car had $1,700 in damage and was in the 90th percentile. Should the manufacturer and the consumer be pleased or upset by this result? Explain and write a sentence that interprets the 90th percentile in the context of this problem.

OpenStax Introductory Business Statistics 2e, 2.2 Measures of the Location of the Data, exercise 27

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Adapted from Introductory Business Statistics 2e © 2023 Rice University. Licensed under CC BY 4.0. Source: Introductory Business Statistics 2e. Imported at revision 50ec917.