Asked by Kristine

The following are the P/E ratios (price of stock divided by projected earnings per share) for 16 banks.
19,15,43,22,18,25,29,18,19,34,22,15,24,14
Find 25th and 90th percentiles for these ratios

Answered by John
Put the values in order from lowest to highest.

25th percentile will have 1/4 of the data below that number.

90th will have .9 of the data below that nu