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If a value represents the 95th percentile, this means that a. there is a 5% chance that this value is incorrect b. 95% of all values are above this...
If a value represents the 95th percentile, this means that
a. there is a 5% chance that this value is incorrect
b. 95% of all values are above this value
c. 95% of all values are below this value
d. 95% of the time you will observe this value