Lloyd is a salesperson at an electronics store. The employees' sales are recorded to track their sales performance. There are 18 employees in the store, and Lloyd's sales place him in the 74th percentile.

Question

How many people made fewer sales than Lloyd?

Answer 1

There are 17 employees who made less sales than Lloyd since he is in the 74th percentile, which means that 74% of the employees made fewer sales than him (100% - 74% = 26%). This leaves 26% of the employees who made the same or higher sales than Lloyd, which translates to 26/100 * 18 = 4.68 employees. Since we cannot have a fraction of a person, we round down to the nearest whole number, so 4 employees made more sales than Lloyd.