Finding percentiles
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In 2008, there were 628 rock and roll stations in the U.S. If one station finds that 128 stations have a larger daily audience than it does, what percentile does this station come closet to in the daily audience ranking?
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The solution determines what percentile does this station come closet to in the daily audience ranking.
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A percentile is the value of a variable below which a certain percent of observations ...
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