CFA Practice Question

There are 410 practice questions for this study session.

CFA Practice Question

On the same test, Tom scored in the 87th percentile, and Bill scored in the 73rd. This means ______.
A. Tom is 14% better than Bill.
B. Tom scored 14 more points than Bill.
C. 14% of those taking the test got scores ranging between Tom's and Bill's.

User Contributed Comments 3

User Comment
renataa Can anyone help me to understand this? Why not A?
abstracfin there is difference between percentile and Percentage.
wenhu this is percentile not percentage, percentile specifies location
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