Statistics and Python Programming Fundamentals
Understanding Quartiles, Deciles, and Percentiles
Quartiles divide ordered data into four equal parts. There are three quartiles: Q1, Q2, and Q3.
- Q1 (First Quartile): Tells about the point below which the first 25% of observations lie.
- Q2 (Second Quartile/Median): The middle value or median.
- Q3 (Third Quartile): Tells us about the point below which 75% of observations lie.
Deciles and Percentiles
Deciles divide an ordered dataset into 10 equal parts. They are represented by D1 through D9.
- D1: 10% position
- D5: 50% position
- D9: 90% position
Percentiles divide data into 100 equal parts, represented by P1 to P99.
Measures of Dispersion in Statistics
Dispersion refers to how much the data values are spread or scattered around a central value, such as the mean.... Continue reading "Statistics and Python Programming Fundamentals" »
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