Find average value above which only fifteen percent lie


The average and standard deviation of the amount of Goods and Services tax remitted by performance artists in a twelve month period were $5.042 thous and $1.551 thous respectively. If a sample of 110 artists was taken, find the average value above which only 15% would lie. Give your answer in dollars to the nearest dollar.

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Microeconomics: Find average value above which only fifteen percent lie
Reference No:- TGS045378

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