If a distribution of wages, incomes, turnover, etc. Is arranged, the quartiles are the values which divide the distribution into four equal parts. Thus, for a distribution of wages : - the first quartile (generally written Q1) is the wage below which 25% of the wages are situated ; - the second quartile is the wage below which 50% of the wages ar...
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Three values that divide the total frequency of a set of data into four equal parts. The central value is called the median and the other two are called the upper and lower quartiles, respectively.
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Statistics which divide the observations in a numeric sample into 4 intervals, each containing 25% of the data. The lower, middle, and upper quartiles are computed by ordering the data from smallest to largest and then finding the values below which fall 25%, 50%, and 75% of the data.The middle quartile is usually called the median.Quartiles are sp...
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