Percentiles and Quartiles
A percentile is a value below which a certain percentage of observation or data points lies.
Percentiles show how a given value compares to others.
The general rule is that if a value is in the kth percentile
, it is greater than K per cent of the total values.
Find percentile of n
P = (n/N) * 100
n = Ordinal rank of values
= No of values below n
N = Total values in the dataset
P% of the entire distribution falls below the value n
What value exists at percentile x
Value = (x(n+1))100
Quartiles
Q1 - 25 percentile Q2 - 50 percentile - median Q3 - 75 percentile
5 Number Summary & Box plots
- Minimum
- 1st Quartile(Q1)
- 2nd Quartile(Q2)
- 3rd Quartile(Q3)
- Maximum