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Question
Recently, due to low interest rates, many homowners refinanced theirhome mortgages. Linda Lahey is a mortgage officer at Down River Federal Savings and Loan. Below is the amount refinanced for 20 loans she processed last week. The data are reported in thousands of dollars and arranged from smallest to largest. Calculate the 26th and 83rd percentiles.
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Step 1
1 of 7In this problem, we are required to determine the th and rd percentiles of the loans Linda processed.
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