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 Topic: percentiles
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 Percentiles 2012-10-17 From Kenneth:Question from Kenneth: Hello: What is a common calculation used to determine percentiles? For example, five employees have the following salaries: Office worker 1 - \$25,000 Office worker 2 - \$27,000 Office worker 3 - \$30,000 Office worker 4 - \$32,000 Office worker 5 - \$35,000 What is the percentile rank of office worker 3 who earns \$30,000? Here's what I know: Add the number of salaries. Total: 5 Add the smallest number of salaries less than \$30,000. There are two. Now, divide 2 by 5 and multiply by 100. 2/5 * 100 = 40 I think the office worker making \$30,000 is in the 40th percentile. and I'm not sure what this ranking indicates. I thank you for any helpful reply and or different calculation.Answered by Harley Weston. Why use percentiles? 2011-04-29 From Kenneth:I need some clarification regarding the word "percentile." Here is an example and what I know: If an investor had twenty stocks in his portfolio and five of those stocks paid an annual dividend of \$200.00 or more, the five stocks are in the 25 percentile. Why is this word necessary? If my example and explanation is correct, why not simply indicate that 25% of his stocks paid an annual dividend of \$200.00 or more?Answered by Penny Nom. Percentiles 2009-03-21 From Shawn:For a normal distribution of u=654.00 and o=138.00. What is the percentile rank for X=426?Answered by Harley Weston. Percentiles 2004-08-15 From Gary:Table 1 Selected percentiles for family income in the US in 1992 1 \$1,300 10 \$10,200 25 \$20,100 50 \$36,800 75 \$58,100 90 \$85,000 99 \$151,800 Q. The percentage of families in Table 1 with incomes below \$58,100 was about?Answered by Penny Nom.

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