quantile

[ˈkwɒntaɪl]

quantile Definition

each of any set of values of a variate which divide a frequency distribution into equal groups, each containing the same fraction of the total population..

Using quantile: Examples

Take a moment to familiarize yourself with how "quantile" can be used in various situations through the following examples!

  • Example

    The top 10% of earners are in the highest quantile.

  • Example

    The data is divided into quartiles, with each quantile representing 25% of the total population.

  • Example

    The 90th quantile is the value below which 90% of the data falls.

quantile Synonyms and Antonyms

Synonyms for quantile

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Summary: quantile in Brief

A 'quantile' [ˈkwɒntaɪl] is a statistical term that refers to any of the values that divide a frequency distribution into equal groups, each containing the same fraction of the total population. It is often used interchangeably with 'percentile.' For example, the top 10% of earners are in the highest quantile.