Which of the following best describes the statement "Earnings at the 80th percentile were $20,000"?
A) 80% were earning $20,000 or less.
B) 80% were earning $20,000 or more.
C) The average earnings of those in the top 80% was $20,000.
D) The average earnings of those in the bottom 80% was $20,000.
Correct Answer:
Verified
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