The definition of the pth percentile (where p is any number between 1 and 100)is that at least p
percent of the observations will fall below the value of interest.

Question

Quizplus · Accepted Answer

The pth percentile is defined such that at least p percent of the observations in a data set are less than or equal to the value at this percentile, indicating that it is a measure of the point below which a certain percentage of observations fall.

The Definition of the Pth Percentile (Where P Is Any