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Percentiles & Quartiles definitions
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Percentile
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Percentile
Represents the percentage of data points in a dataset that fall below a specific value, indicating relative standing.
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Terms in this set (15)
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Percentile
Represents the percentage of data points in a dataset that fall below a specific value, indicating relative standing.
Quartile
Divides a dataset into four equal parts, with each representing a specific percentile threshold.
First Quartile
Marks the 25th percentile, indicating the value below which 25% of the data points lie.
Third Quartile
Marks the 75th percentile, indicating the value below which 75% of the data points lie.
Second Quartile
Corresponds to the 50th percentile, commonly known as the median of the dataset.
Median
Identifies the middle value in an ordered dataset, splitting the data into two equal halves.
Interquartile Range
Measures the spread of the middle 50% of data, calculated as the difference between the third and first quartiles.
Dataset
A collection of values or responses, often ordered for easier calculation of percentiles and quartiles.
Response
An individual value or score within a dataset, used in percentile and quartile calculations.
Notation
Symbols and subscripts used to represent percentiles and quartiles, such as P75 or Q1.
Average
A method for representing a percentile or quartile by taking the mean of two adjacent values in a dataset.
Order
Arrangement of data values from lowest to highest, essential for accurate percentile and quartile determination.
Formula
A mathematical expression used to calculate percentiles, involving counts of responses below a value and total responses.
Subscript
A small character or number written below and to the right of a symbol, indicating specific percentiles or quartiles.
Variability
The degree of spread or dispersion in a dataset, often assessed using the interquartile range.