Saturday, February 15, 2014

Please determine and rank by percentile the square footage (in millions) of the 8 largest malls in Pennsylvania.

Information on retail mall sizes in the U.S. is generally
proprietary information.  There are merchant and real estate associations that have web
sites offering such information…but only for a fee.  After an exhaustive search I was
able to locate the site shown in the first reference.  It provides for free the
information you asked for, and much, much
more.


“Percentile” is a value for a variable below which a
certain percent of observations fall.  In ranking the 8 largest malls in Pennsylvania
there would be 7 malls smaller than the largest.  Since there are 8 values in the list,
each value’s position in the ranking is 12.5% higher or lower than its immediate
neighbor.  So for the largest mall, one could say that it occupies the 87.5 the
percentile, meaning that 87.5 % of the values (7 of the malls) fall below its
value.


Here are the malls, ranked in descending order, with
the square footages (in millions) and percentiles for each
mall:




Mall




Square
Feet
(millions)




Percentile




1. 
King of
Prussia


Philadelphia




2.79




87.5




2. 
Mill
Creek


Erie




2.6




75




3. 
Franklin
Mills


Philadelphia




1.75




62.5




4. 
Monroeville


Monroeville




1.4




50




5. 
Park City
Center


Lancaster




1.37




37.5




6. 
South Hills
Village


Pittsburgh




1.28




25




7. 
Oxford
Valley


Langhorne




1.27




12.5




8. 
Century III


West
Mifflin




1.25




0

No comments:

Post a Comment

What accomplishments did Bill Clinton have as president?

Of course, Bill Clinton's presidency will be most clearly remembered for the fact that he was only the second president ever...