How to find the 70th percentile?
Understand the Problem
The question is asking for the methodology or steps needed to calculate the 70th percentile in a dataset. This typically involves ordering the data, determining the position of the percentile, and finding the relevant value that corresponds to that position.
Answer
Use the Pth percentile formula and locate/interpolate in the sorted data set.
The final answer is to use the Pth percentile formula, calculate the rank, and locate or interpolate within the sorted data set.
Answer for screen readers
The final answer is to use the Pth percentile formula, calculate the rank, and locate or interpolate within the sorted data set.
More Information
Percentiles are measures that indicate the relative standing of a value within a data set. The 70th percentile means 70% of the data points fall below this value.
Tips
A common mistake is not arranging the data set in ascending order, which leads to incorrect calculation of the percentile.
