Question44. In 2007 there were 768 "oldies" radio stations in the United States. If one station finds that 84 stations have a larger daily audience than it has, what percentile does this station come closest to in the daily audience rankings? (Source: Radio-locator.com)
Studdy Solution
STEP 1
1. There are a total of 768 "oldies" radio stations.
2. The station in question has 84 stations with a larger daily audience.
STEP 2
1. Determine the rank of the station in question.
2. Calculate the percentile rank of the station.
STEP 3
Determine the rank of the station by subtracting the number of stations with a larger audience from the total number of stations.
STEP 4
Calculate the percentile rank using the formula:
Round to the nearest whole number:
The station is closest to the 89th percentile in the daily audience rankings.
Was this helpful?
