Percentile definition: http://en.wikipedia.org/wiki/Percentile
The 25th percentile is also known as the first quartile (Q1), the 50th percentile as the median or second quartile (Q2)…
Median definition: http://en.wikipedia.org/wiki/Median
In statistics and probability theory, median is described as the numerical value separating the higher half of a sample, a population, or a probability distribution, from the lower half. The median of a finite list of numbers can be found by arranging all the observations from lowest value to highest value and picking the middle one. If there is an even number of observations, then there is no single middle value; the median is then usually defined to be the mean of the two middle values.[1][2]
This is one reason why I do not believe that the 85th percentile speed is always the 85th car’s speed if there is a sample of 100 cars unless I interpreted this incorrectly. If it is true that the 85th car’s speed is the 85th percentile speed then by that definition the 50th car’s speed would then be considered as the 50th percentile speed which is also called the median. However, by the definition of median if there is an even number of observations then the median is then usually defined to be the mean of the two middle values. If you have 100 cars and the speed of the 50th is 45mph and the 51st car is 47mph then the median would be 46mph which would not equal the 50th which is 45mph.
In my understanding the percentile ranges from 0.00 to 1.00 which is 101 values. If 1 to 100 (100 total values) is entered in Excel and the percentile(range:0.50) and percentile(range:0.85) is used the results would be 50.50 and 85.15 respectively. 50.50 will easily make sense because it’s the average of the 50th and 51st values which is also the median. However, if 0 to 100 (101 values representing each percentile) is entered in Excel and the percentile(range:0.50) and percentile(range:0.85) is used then the results would be 50 and 85 respectively. The 85th percentile speed will not be equal to the 85th car; the 85.16th(85/101) or 84th car will more likely be the 85th percentile speed. This brings back to the initial question why the answer would be C.43 instead of D.45; the 84th car is within the range 40-44.
The 25th percentile is also known as the first quartile (Q1), the 50th percentile as the median or second quartile (Q2)…
Median definition: http://en.wikipedia.org/wiki/Median
In statistics and probability theory, median is described as the numerical value separating the higher half of a sample, a population, or a probability distribution, from the lower half. The median of a finite list of numbers can be found by arranging all the observations from lowest value to highest value and picking the middle one. If there is an even number of observations, then there is no single middle value; the median is then usually defined to be the mean of the two middle values.[1][2]
This is one reason why I do not believe that the 85th percentile speed is always the 85th car’s speed if there is a sample of 100 cars unless I interpreted this incorrectly. If it is true that the 85th car’s speed is the 85th percentile speed then by that definition the 50th car’s speed would then be considered as the 50th percentile speed which is also called the median. However, by the definition of median if there is an even number of observations then the median is then usually defined to be the mean of the two middle values. If you have 100 cars and the speed of the 50th is 45mph and the 51st car is 47mph then the median would be 46mph which would not equal the 50th which is 45mph.
In my understanding the percentile ranges from 0.00 to 1.00 which is 101 values. If 1 to 100 (100 total values) is entered in Excel and the percentile(range:0.50) and percentile(range:0.85) is used the results would be 50.50 and 85.15 respectively. 50.50 will easily make sense because it’s the average of the 50th and 51st values which is also the median. However, if 0 to 100 (101 values representing each percentile) is entered in Excel and the percentile(range:0.50) and percentile(range:0.85) is used then the results would be 50 and 85 respectively. The 85th percentile speed will not be equal to the 85th car; the 85.16th(85/101) or 84th car will more likely be the 85th percentile speed. This brings back to the initial question why the answer would be C.43 instead of D.45; the 84th car is within the range 40-44.