Answer:
Correct option: (C) The 75th percentile is approximately 0.67
Explanation:
The pth percentile is a data value such that at least p% of the data set is less than or equal to this data value and at least (100 - p)% of the data set are more than or equal to this data value.
If x is the pth percentile of a data set then,
P (X < x) = p/100
If
then
, is a standard normal variate with mean, E (Z) = 0 and Var (Z) = 1. That is,
.
- The 90th percentile of a standard normal distribution is:
P (Z < z) = 0.90, then z = 1.28
- The 10th percentile of a standard normal distribution is:
P (Z < z) = 0.10, then z = -1.28
- The 75th percentile of a standard normal distribution is:
P (Z < z) = 0.75, then z = 0.67
- The 15th percentile of a standard normal distribution is:
P (Z < z) = 0.15, then z = -1.04
Thus, the correct statement is (C).