Mathematics and Statistics · Ch 10 — Partition Values
Interpretation and Relationships
Interpretation and Relationships
A partition value only becomes useful once its meaning is stated in words.
What Each Value Says
- (first quartile): about 25% of the observations lie below it (and 75% above).
- (third quartile): about 75% of the observations lie below it (and 25% above).
- (the -th decile): about of the observations lie below it — e.g. has roughly below.
- (the -th percentile): about of the observations lie below it — e.g. has roughly below.
Percentile rank. Turning the idea round, the percentile rank of a value is the percentage of observations at or below it. Saying a student's mark is at the th percentile means about of students scored at or below that mark — it describes relative standing, not the mark itself.
Relationships Among the Families
Because all three families partition the same ordered data, many partition values coincide:
and every decile is a percentile: (for example , ).
A Preview — Spread via Quartiles …
The percentage of observations at or below a given value; a value at the -th percentile has a percentile …
Inter-quartile range (the spread of the middle 50% of data); quartile deviation . Both measure dispersio …