The Pth Percentile Is a Value Such That Approximately

question 108

Multiple Choice

The pth percentile is a value such that approximately

• A) p percent of the observations are less than the value and (100 - p) percent are more than this value.
• B) p percent of the observations are less than the value and p percent are more than this value.
• C) (100 - p) percent of the observations are less than the value and p percent are more than this value.
• D) (100 - p) percent of the observations are less than the value and (100 - p) percent are more than this value.

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