Which of the Following Statements Regarding Percentiles Is True? (More $\mathrm { P } _ { 90 }$

question 47

Multiple Choice

Which of the following statements regarding percentiles is true? (More than one statement may be true) . A : In any data set, $\mathrm { P } _ { 90 }$ is greater than $\mathrm { P } _ { 80 }$
B: In any data set, $\frac { \mathrm { P } _ { 10 } + \mathrm { P } _ { 90 } } { 2 }$ is equal to $\mathrm { Q } _ { 2 }$ C: In a set of 20 test scores, the percentile of the second highest score is 95

• A)All of the above
• B)C
• C)B
• D)A

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Definitions:

AGI

Adjusted Gross Income, which is gross income minus specific deductions, used to calculate an individual's tax liability.

EIC

The Earned Income Credit, a refundable tax credit for low- to moderate-income working individuals and families, particularly those with children.

Tax Liability

The total amount of tax that an individual or business is legally obligated to pay to a taxing authority.

Premium Tax Credit

A refundable credit that helps eligible individuals and families cover the premiums for their health insurance purchased through the Marketplace.