Which of the following statements is most accurate when defining percentiles?
A) The pth percentile divides a data set into equal parts.
B) Approximately p% of the observations are greater than the pth percentile.
C) Approximately (100-p) % of the observations are less than the pth percentile.
D) Approximately (100-p) % of the observations are greater than the pth percentile.
Correct Answer:
Verified
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