Question

As of september 30, 2017, the earnings per share, eps, of five firms in the beverages industry are as follows: 1.13, 2.41, 1.52, 1.40, 0.41. The 25th percentile and the 75th percentile of the eps are the closest to

Answer 1

The 25th percentile and the 75th percentile of the eps are the closest to 1.52 and 2.41 respectively.

• We first arrange the eps in an increasing order - 0.41, 1.13, 1.40, 1.52, 2.41.
• Then we add them to get the sum - 6.87
• to find the 25th percentile, we multiply 25% to the summation                  = 25% * 6.87 = 0.25 * 6.87 = 1.7175 which is closest to 1.52.
• to find the 75th percentile, we multiply 75% to the summation                  = 75% * 6.87 = 0.75 * 6.87 = 5.1525 which is closest to 2.41.