quantiles


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Quantiles
The quantile (this term was first used by Kendall, 1940) of a distribution of values is a number xp such that a proportion p of the population values are less than or equal to xp. For example, the .25 quantile (also referred to as the 25th percentile or lower quartile ) of a variable is a value (xp) such that 25% (p) of the values of the variable fall below that value.
Similarly, the .75 quantile (also referred to as the 75th percentile or upper quartile) is a value such that 75% of the values of the variable fall below that value and is calculated accordingly.
See also, Quantile-Quantile Plots