CFA Practice Question

There are 410 practice questions for this study session.

CFA Practice Question

Complete this sentence: "The kth percentile of a given distribution is ______."
A. the score at which k% of the cases fall
B. the score above which k% of the cases fall
C. the score below which k% of the cases fall

User Contributed Comments 4

User Comment
Doug Can someone please explain this? thank you
sevaa1 Imagine a bell curve. The score you're looking for is always below the curve. This is the way t and z-scores are calculated. (SS3)
maria15 Thanks Sevaa1
farhan92 the Global CFA Ranking used on this site. Basically shows you the percentage of people below you (in terms of rightt answers)
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