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.
How many people made fewer sales than Lloyd?
Since Lloyd is in the 74th percentile, it means that 74% of the employees made fewer sales than him. To find out how many employees made fewer sales than him, we need to calculate 18 (total number of employees) * 0.74 (74th percentile) = 13.32.
So, approximately 13 employees made fewer sales than Lloyd.