Inactive Tutor answered 23h
This is how Lane:
You can estimate the 65th percentile using linear interpolation between the two surrounding percentiles you already know (the 50th and 75th percentiles).
Step 1: Identify the Surrounding Percentiles
- 50th Percentile: 7,523
- 75th Percentile: 9,205
- Target Percentile: 65th
Step 2: Find the Progress Between the Points
- Distance from 50th to 75th percentile: 75 − 50 = 25 percentile points
- Distance from 50th to 65th percentile: 65 − 50 = 15 percentile points
- Fraction of the distance: 15 ÷ 25 = 0.60 (or 60%)
Step 3: Calculate the Estimated Value
- Value range between 50th and 75th: 9,205 − 7,523 = 1,682
- 60% of that range: 1,682 × 0.60 = 1,009.2
- Add to 50th percentile value: 7,523 + 1,009.2 = 8,532.2
The estimated 65th percentile is approximately 8,532.2 (or rounded to 8,532).