
Quantiles are statistical measures that divide a set of data into equal-sized intervals . They help identify the position of a value within a dataset and show...
Quantiles are statistical measures that divide a set of data into equal-sized intervals. They help identify the position of a value within a dataset and show how data is spread out.
Quantiles include:
All are based on cumulative frequencies and are widely used in data analysis.
Quartiles divide the data into four equal parts.
Q1 (First Quartile): 25% of data lies below it
Q2 (Second Quartile): 50% of data lies below it
Q3 (Third Quartile): 75% of data lies below it
Where:
Deciles divide the data into ten equal parts.
Where
Percentiles divide the data into one hundred equal parts.
Where
| Measure | Divides Data Into | Key Values |
|---|---|---|
| Quartiles | 4 parts | Q1, Q2 (median), Q3 |
| Deciles | 10 parts | D1 to D9 |
| Percentiles | 100 parts | P1 to P99 |
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