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
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.
