Final answer:
In a test, 20 students out of 50 scored equal or below 73. The correct statement is: Option 1: 73 is the 40th percentile.
Step-by-step explanation:
In this scenario, 20 out of 50 students scored equal or below 73 on the test. To determine which statement is correct regarding the percentile of 73, we need to calculate the percentage of scores that are below 73.
First, we calculate the number of scores that are equal to or below 73. In this case, 20 students scored equal to or below 73.
Next, we calculate the percentile by dividing the number of scores below or equal to 73 by the total number of scores. In this case, the percentile is (20/50) x 100 = 40%. Therefore, the correct statement is: Option 1: 73 is the 40th percentile.