A dataset contains the following values: 23, 28, 37, 23, 45, 49, 37, 62. Rank the values. Which rank is associated with value 37?
Question
A dataset contains the following values: 23, 28, 37, 23, 45, 49, 37, 62. Rank the values. Which rank is associated with value 37?
Solution
To rank the values, we first need to sort them in ascending order. The sorted dataset is: 23, 23, 28, 37, 37, 45, 49, 62.
The rank of a value in a dataset is its position in the sorted list. In this case, the value 37 appears twice in the dataset, at the 4th and 5th positions. Therefore, the rank associated with the value 37 is 4 and 5.
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