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In a sample of the starting salaries for new accountants, you find that the 72nd percentile is $79,720. Interpret the 72nd percentile. Choose the best
In a sample of the starting salaries for new accountants, you find that the 72nd percentile is $79,720. Interpret the 72nd percentile. Choose the best answer:
a) 72 new accountants have a starting salary less than $79,720.
b) 72% of new accountants have a starting salary of $79,720.
c) The average starting salary for new accountants is $79,720.
d) 72% of new accountants have a starting salary greater than $79,720.
e) 72% of new accountants have a starting salary less than $79,720.
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