Math Problem Statement
find the amount a family would have spent to be in the 60th percentile. Round to the nearest dollar
Solution
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Math Problem Analysis
Mathematical Concepts
Percentiles
Normal Distribution
Data Interpretation
Formulas
Percentile calculation formula: Pth Percentile = Value corresponding to P% of the dataset
Theorems
Empirical Rule
Percentile Rank Theorem
Suitable Grade Level
Grades 10-12