The report \"Who Borrows Most? Bachelor\'s Degree Recipients with High Levels of
ID: 3071455 • Letter: T
Question
The report "Who Borrows Most? Bachelor's Degree Recipients with High Levels of Student Debt"† reported the following percentiles for amount of student debt for those graduating with a bachelor's degree in 2010.
For each of these percentiles, interpret the value of the percentile. (Select all that apply.)
10th percentile = $0 25th percentile = $0 50th percentile = $11,000 75th percentile = $24,600 90th percentile = $39,300 Less than 10% of the students owe nothing. Exactly 10% of the students owe nothing. At least 10% of the students owe nothing. Less than 25% of the students owe nothing. Exactly 25% of the students owe nothing. At least 25% of the students owe nothing. 50% of the students owe $11,000 or less. 50% of the students owe exactly $11,000. 50% of the students owe more than $11,000. 75% of the students owe $24,600 or less. 75% of the students owe exactly $24,600. 75% of the students owe more than $24,600. 90% of the students owe $39,300 or less. 90% of the students owe exactly $39,300. 90% of the students owe more than $39,300. Need Help? LA adit Lalk toa Tutor Submit Answer Save ProgressExplanation / Answer
As 25th percentile=0.
Exactly 25% owe nothing.
As 50th percentile=11000.
Exactly 50% owe less than or equal to $11000.
That implies 50% owe more than $11000.
Similarly, we can conclude for the 75th percentile and 90th percentile.
The correct options are 3,5,7,9,10,13