Quantiles or Fractiles Uncovered (2020)

When the number of observations is sufficiently large, the principle by which a distribution is divided into two equal parts may be extended to divide the distribution into four, five, eight, ten, or hundred equal parts. The median, quartiles, deciles, and percentiles values are collectively …

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Quartiles in Statistics: Relative Measure of Observation

Quartiles in Statistics Like Percentiles and Deciles, Quartiles is a type of Quantile, which is a measure of the relative standing of observation within the data set. The Quartiles values are three points that divide the data into four equal parts each group comprising a …

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