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There was a fund raising campaign
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11 Sep 2018, 06:09
11 Sep 2018, 06:09
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50% (01:15) correct
50% (00:35) wrong based on 4 sessions
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There was a fund raising campaign conducted by a private company to construct a village library. The organization have collected the funds from 6750 people.A individual contribution of $50 was 60th percentile and 95th percentile was $125, where 20% of people contributed from $100 to $125.Find the number of people who have contributed between $50 to $100.
Re: There was a fund raising campaign
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11 Mar 2019, 04:21
11 Mar 2019, 04:21
@carcass please take on this one.
Re: There was a fund raising campaign
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11 Mar 2019, 05:20
11 Mar 2019, 05:20
Expert Reply
This is not a powerprep question. Unless, it comes from the PP plus online. For sure is not from the free software.
Moreover, it has a typo in the stem. It is AN individual not a individual.
Now, we do have a total of 6750 people and the 60th % contributed 50$ Which means that 40% of people contributed more than 50$ = 2700 people.
Of the total 6750 20% contributed above 100 $. So 80% of people contributed less than 100 $ = 5400 people
So we do have that 2700 > 50$ and 5400 < 100 $
So the answer should be 2700 people.
However, I am not sure because the wording is not so clear in my opinion.
Will see if our tutor could shed some light.
Moreover, it has a typo in the stem. It is AN individual not a individual.
Now, we do have a total of 6750 people and the 60th % contributed 50$ Which means that 40% of people contributed more than 50$ = 2700 people.
Of the total 6750 20% contributed above 100 $. So 80% of people contributed less than 100 $ = 5400 people
So we do have that 2700 > 50$ and 5400 < 100 $
So the answer should be 2700 people.
However, I am not sure because the wording is not so clear in my opinion.
Will see if our tutor could shed some light.
