I've used R's empirical cumulative distribution function (ecdf) to generate a chart that shows the cumulative probability of some cost data. I want to know if the heading of the chart is correct or can I look at it as a percentile chart? For example, could I say that 66% of members spend $500 or less with a heading like "FY 13/14 Percentage of members that incur costs at or below the specified value".
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