You determined that $65,000.00 in salary represents the 85th percentile of total compensation paid by employers for the heavy-duty mechanic job in British Columbia.Which statement is most accurate,given the aforementioned statement?
A) 15% of employers compensate above $65,000.
B) $65,000.00 represents the median.
C) 15% of employers compensate below $65,000.
D) 85% of employers compensate above $55,250.

Question

Quizplus · Accepted Answer

If $65,000 is the 85th percentile, it means that 85% of the salaries are below this amount, and thus, 15% are above it.

You Determined That $65,000