300Hours | norrisdietrich | Activity https://300hours.com/members/norrisdietrich/activity/ Activity feed for norrisdietrich. Fri, 25 Sep 2026 23:20:52 +0100 https://buddypress.org/?v= en-US 30 hourly 2 ba0009d806ab6b1f6107ae590713cbd5 norrisdietrich replied to the topic Quartiles in the forum CFA Level 1 https://300hours.com/f/cfa/level-1/t/quartiles/#post-171325 Fri, 29 Mar 2024 07:43:12 +0000
  • Formula: They use the formula Ly = (n + 1)(y) / (100) to determine the position of the yth quintile (where y represents the percentile, in this case 60 for the third quintile).
  • Calculation: Plugging in the values (n = 13 for the number of data points and y = 60 for the percentile), they get: L(60) = (14)(60) / (100) = 8.4.

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