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Percentiles & Quartiles definitions
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Define:
Percentile
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Percentile
A value below which a given percentage of observations in a dataset falls, dividing data into 100 equal parts.
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Terms in this set (12)
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Percentile
A value below which a given percentage of observations in a dataset falls, dividing data into 100 equal parts.
Quartile
A value that splits ordered data into four equal parts, each containing 25% of the observations.
First Quartile
The point below which 25% of the data lies, also known as the 25th percentile.
Second Quartile
The median of a dataset, marking the 50th percentile and dividing data into two equal halves.
Third Quartile
The value below which 75% of the data falls, corresponding to the 75th percentile.
Median
The middle value in an ordered dataset, with half the data above and half below.
Interquartile Range
The difference between the third and first quartiles, measuring the spread of the middle 50% of data.
Cumulative Frequency
A running total of frequencies through the classes in a frequency distribution.
Data Set
A collection of related numerical values or observations analyzed for statistical purposes.
Ordered Data
A sequence of values arranged from smallest to largest, essential for locating percentiles and quartiles.
Frequency Distribution
A summary showing the number of observations within specified intervals of a dataset.
Position Formula
A calculation used to determine the location of a specific percentile or quartile within ordered data.