A ranked data set is divided into four equal parts. Each separating value is called a quartile (the first, the second etc.). The second quartile is the median.

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The division of a spread of values divided into four. A statistical division generally used in financial services to denote performance of, say, a particular type of fund. Comparisons of similar funds are shown in a league table, which is divided into four quarters or quartiles.

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Relative ranking (in one of four quarters) of a particular portfolio (or a manager) in a league table of returns. So for example, a quartile ranking of 2 indicates that the portfolio's/manager's return was ranked in the second highest quarter of the range of results of the stated league table. Similarly, a quartile ranking of 4 indicates that the p...

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[

*n]* - (statistics) any of three points that divide an ordered distribution into four parts each containing one quarter of the scores

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When investment funds are ranked on the basis of performance, their positioning is summarised on the basis of which quartile the results fall into, with the first quartile being the best.

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The investment industry ranks the performance of collective funds on the total returns (income +... <a target=_blank href='http://www.finance-glossary.com/terms/quartile.htm?id=1203&ginPtrCode=00000&PopupMode=false' title='Read full definition of quartile'>more</a>

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**Quar'tile** * noun* [ French

* quartile aspect* , from Latin

* quartus* the fourth. See

__ Quart__ .]

* (Astrol.)* Same as

__ Quadrate__ .

Found on http://www.encyclo.co.uk/webster/Q/5

*noun* (statistics) any of three points that divide an ordered distribution into four parts each containing one quarter of the scores

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(kwor´tīl) any of the three values that divide the range of a probability distribution into four parts of equal probability; the first, second, and third quartiles are the 25th, 50th, and 75th percentiles.

Found on http://www.encyclo.co.uk/local/21001

• (n.) Same as Quadrate.

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(from the article `statistics`) ...below the th percentile, and roughly 100 percent of the data values are above the th percentile. Percentiles are reported, for example, on most ...

Found on http://www.britannica.com/eb/a-z/q/4

One of four segments of a distribution that has been divided into quarters. For example, the second-from-the-bottom quartile of an income distribution is those with incomes above the bottom 25% of the population and below the top 50%.

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The first quartile of a sequence of numbers is the number such that one quarter of the numbers in the sequence are less than this number.

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In statistics, any one of the three values that divide data into four equal parts. They comprise the lower quartile, below which lies the lowest 25% of the data; the median, which is the middle 50%, half way through the data; and the upper quartile, above which lies the top 25%. The difference of value between the upper and lowe...

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In descriptive statistics, the quartiles of a ranked set of data values are the three points that divide the data set into four equal groups, each group comprising a quarter of the data. A quartile is a type of quantile. The first quartile (Q1) is defined as the middle number between the smallest number and the median of the data set. The second q...

Found on http://en.wikipedia.org/wiki/Quartile

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