Answer:
So the minimal percentile rank of a successfull applicant is 75th.
Step-by-step explanation:
The median separates the upper half from the lower half of a set. So 50% of the values in a data set lie at or below the median, and 50% lie at or above the median.
The first quartile(Q1) separates the lower 25% from the upper 75% of a set. So 25% of the values in a data set lie at or below the first quartile, and 75% of the values in a data set lie at or above the first quartile.
The third quartile(Q3) separates the lower 75% from the upper 25% of a set. So 75% of the values in a data set lie at or below the third quartile, and 25% of the values in a data set lie at or the third quartile. It is also called the upper quartile.
Definition 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.
The upper quartile is higher than 75% of the measures, that is, the 75th percentile.
So the minimal percentile rank of a successfull applicant is 75th.