Sorry about asking such a basic question but I'm having a brain fart. So if I have a sample of 3 iid random variables X1, X2, X3, I know the median is just the middle value. So does that mean that the 80th percentile is the third largest one and the 40th percentile is the smallest one?(adsbygoogle = window.adsbygoogle || []).push({});

If i have 10 random variables, would the 40th percentile be the 4th largest one?

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# Concepts about percentiles

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