Business Studies, asked by tanishadishalenka08, 8 months ago

What is percentile, quartile and docile? Discuss its uses in real life with example​

Answers

Answered by sandhyadeepu96
0

Answer:

Quartiles are great for reporting on a set of data and for making box and whisker plots. Quartiles are especially useful when you're working with data that isn't symmetrically distributed, or a data set that has outliers.

Explanation:

In statistics, percentiles are used to understand and interpret data. The nth percentile of a set of data is the value at which n percent of the data is below it. In everyday life, percentiles are used to understand values such as test scores, health indicators, and other measurements. For example, an 18-year-old male who is six and a half feet tall is in the 99th percentile for his height. This means that of all the 18-year-old males, 99 percent have a height that is equal to or less than six and a half feet.

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