Quartile,Deciles And Percentiles
Today we will see some important measures of central tendency called Quartile,Deciles and Percentiles...
1)Quartile
Three variate value of the variables which divides the series(data) into four equal parts are called Quartiles. There are three quartiles namely Q1,Q2 and Q3.Q1 is known as lower or first quartile,Q2 is the second quartile (median) and last one Q3 is known as upper or third quartile.25% values are less then Q1 and 25% values are larger than Q3 and the rest 50% values lie between Q1 and Q3.And Q2 devides data into two equal parts and due to this this is also known as median.The quartiles can help us to find some insights of given data set.These widely used in data analytics and economics.By these values we can about shape of distribution.
2)Deciles
The variate value of the variables which divides the series(data) into ten equal parts are known as Deciles.They are denoted by D1,D2....so on.fifth decile divides data into two parts so it is called as median.
3)Percentiles
The values of the variable which divides data into 100 equal parts are called percentiles.fiftieth percentile will be median as it divides data in two equal parts.
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Content created by - Chandrashekhar Awate and Priyanka Pawar
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