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Basic Question 16 of 18

True or False? If false, correct the percentage.

The 70th percentile of the distribution of a random variable, X, is an x-value which is exceeded by 70% of the population of X.
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User Contributed Comments 2

User Comment
surob 100%-70%=30%. So, 30% of the populations exceeds the rest of it.
StanleyMo Exceed by is the key word
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Craig Baugh

Craig Baugh

Learning Outcome Statements

calculate, interpret, and evaluate measures of central tendency and location to address an investment problem

CFA® 2024 Level I Curriculum, Volume 1, Module 3.