State with a reason, whether you agree or disagree with the statement : Deciles divide the data into 10 equal parts.
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Decile, as its name sounds, is a statistical term which divides the data into ten defined intervals. It basically divides the data points into a data set in 10 equal parts on the number line. This type of data ranking is used in many fields like finance and economics etc. One thing we need to keep in mind is that data points can be random and we have to put those number in line first on the number line in ascending order and then divide them in deciles.
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