Answer :
Final answer:
The percentile rank for a fare of $119 is approximately 14%, while the percentile rank for a fare of $272 is approximately 91%. A fare with a percentile rank of approximately 82% would be between $173 and $272.
Explanation:
To find the percentile rank of a given score, we use the formula:
Percentile Rank = (Number of values below the score + 0.5) / Total number of scores × 100
- For the fare of $119, count all fares less than $119. There are 7 fares of $88 and 1 fare of $49, giving us 8 fares in total. Using the percentile rank formula:
- Percentile Rank for $119 = (8 + 0.5) / 60 × 100 = 14.17%, so approximately the 14th percentile.
- For the fare of $272, count all fares less than $272. There are 54 fares less than $272. Using the percentile rank formula:
- Percentile Rank for $272 = (54 + 0.5) / 60 × 100 = 90.83%, so approximately the 91st percentile.
- To find the fare with a percentile rank of approximately 82%, we need to find the fare where approximately 82% of the other fares are below it. Given the distribution of data, a fare between $173 and $272 would have a percentile rank around 82%.