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7 October, 15:15

In a certain city with a working population of 10,500, 8925 people and less than $75,000 per year what is a percentile rank of someone who earns $75,000 per year

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  1. 7 October, 17:56
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    The percentile rank of someone who earns $75,000 per year is the 85th percentile.

    Step-by-step explanation:

    Meaning of percentile:

    When a value V is said to be in the xth percentile of a set, x% of the values in the set are lower than V and (100-x) % of the values in the set are higher than V.

    In this question:

    Working population of 10,500

    8,925 people earn less than $75,000 per year.

    8925/10500 = 0.85

    0.85*100 = 85

    The percentile rank of someone who earns $75,000 per year is the 85th percentile.
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