Economics · Ch 3 — Partition Values
Relationship Among Median, Quartiles, Deciles and Percentiles
Relationship Among Median, Quartiles, Deciles and Percentiles
Because quartiles, deciles and percentiles are all built on the identical idea of locating a stated fraction of an ordered series, several of them must always coincide EXACTLY, for ANY dataset — this is not a coincidence of any one example, but follows directly from the underlying fractions themselves being equal:
since each of these locates precisely the halfway (50%) point of the series. In the same way,
because a decile's fraction () always equals the percentile fraction , and a quartile's fraction () always equals the percentile fraction . A genuine numerical check on any computed pair — for instance, verifying that a computed exactly equals the corresponding worked out independently from the same data — is therefore a valid, INDEPENDENT check on the arithmetic, not merely the same calculation done twice (the worked examples use exactly this cross-check).
Quartile deviation and the middle 50%. Because marks the 25% point and marks the 75% point, exactly the MIDDLE 50% of all observations in the series lie between and . The quartile deviation, , is therefore sometimes called the semi-inter-quartile range — half the range spanned by that middle half of the data. …