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Each year, the foundation office of a state university ranks each student by family income. Every student up to the 30thpercentile is given an extra
Each year, the foundation office of a state university ranks each student by family income. Every student up to the 30thpercentile is given an extra $1500 in scholarship money to go towards tuition. There are approximately 5,350 students at the university.
Calculate the 30thpercentile.
A student finds out that she is ranked 3122. Calculate her percentile.
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