Answer:
20th percentile.
Step-by-step explanation:
Concept of a percentile:
When a value V is said to be in the xth percentile of a set, x% of the values in the set are lower than V and (100-x)% of the values in the set are higher than V.
Determine the percentile of the condo with a monthly rent of $1,150
There are 10 values.
8 are higher than $1,150.
2 are $1,150 or lower.
2/10 = 0.2 = 20%
So the condo with a monthly rent of $1,150 is in the 20th percentile.
