Thursday, August 2, 2018

Statistics Glossary

Minimum - The smallest measurement
First quartile - the measurement that separates the bottom 25% and top 75%
Median - The measurement that separates the bottom 50% and top 50%
Third quartile - The measurement that separates the bottom 75% and top 25%
Maximum - The largest measurement
Percentiles - Find measurement values that evenly place 1% of the population in each group (100 groups total).
Deciles - Find measurement values that evenly place 10% of the population in each group (10 groups total).
Quintiles - Find measurement values that evenly place 20% of the population in each group (5 groups total).


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