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The Income at the 85^th Percentile for an Econogreat Is

Question 17

Multiple Choice

The income at the 85^th percentile for an Econogreat is $100,000 and the income at the 15^th percentile is $8,500.Which of the following is true?

A) The incomes of those at the 85^th percentile of the income distribution for Econogreat are 8.l5 percent as large as the incomes of those at the 15^th percentile.
B) The incomes of those at the 85^th percentile of the income distribution for Econogreat are 1.5 percent as large as the incomes of those at the 15^th percentile.
C) The incomes of those at the 85^th percentile of the income distribution for Econogreat are 11.8 times as large as the incomes of those at the 15^th percentile.
D) The incomes of those at the 85^th percentile of the income distribution for Econogreat are 1.5 times as large as the incomes of those at the 15^th percentile.