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    Concept Of Percentiles

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    anshtoi983
    percentiles

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    Concept Of Percentiles

    Uploaded by

    anshtoi983
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    percentiles

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    © © All Rights Reserved

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    percentiles

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    1 views3 pages

    Concept Of Percentiles

    Uploaded by

    anshtoi983
    percentiles

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    Concept Of Percentiles

    Percentiles are a statistical measure that divide a dataset into 100


    equal parts, showing the relative standing of a value within the
    dataset. Each percentile represents the percentage of data points
    below a specific value.
    Key Points:
     The 25th percentile (also called the first quartile, Q1) indicates
    that 25% of the data points are below this value.
     The 50th percentile (or the median) shows that 50% of the data
    points are below this value.
     The 75th percentile (third quartile, Q3) means 75% of the data
    points are below this value.

    Example: Exam Scores


    Suppose a class of 20 students took an exam, and their scores (out of
    100) are as follows (sorted in ascending order):
    45, 50, 52, 55, 58, 60, 62, 65, 68, 70, 72, 75, 78, 80, 82, 85, 88, 90,
    92, 95
    1. Find the 25th Percentile (Q1):
    The 25th percentile is the value below which 25% of the scores lie.
    For this dataset:
     25% of 20 students = 0.25 × 20 = 5.
     The 25th percentile is the 5th value in the ordered list (since we
    count from the first value), which is 58.
    2. Find the 50th Percentile (Median):
    The 50th percentile is the middle value, splitting the dataset into two
    equal halves:
     Since there are 20 scores (even number), the median is the
    average of the 10th and 11th values.
     10th value = 70, 11th value = 72.
     Median = (70 + 72) / 2 = 71.
    3. Find the 75th Percentile (Q3):
    The 75th percentile is the value below which 75% of the scores lie:
     75% of 20 students = 0.75 × 20 = 15.
     The 75th percentile is the 15th value in the ordered list, which
    is 82.

    Interpretation:
     A score of 58 is at the 25th percentile, meaning 25% of the
    students scored below 58.
     A score of 71 is at the 50th percentile, meaning 50% of the
    students scored below (or equal to) 71.
     A score of 82 is at the 75th percentile, meaning 75% of the
    students scored below 82.

    Applications of Percentiles:
     In standardized testing, percentiles help compare a student’s
    performance to others (e.g., "You scored in the 90th
    percentile").
     In health, growth charts use percentiles to track children’s
    development (e.g., "The child is in the 75th percentile for
    height").
     In finance, percentiles help analyse income distributions or
    portfolio performance.

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