Percentiles

Definition

Percentiles are values that divide a dataset into 100 equal parts, representing the percentage of data points below a certain value. For example, if you are in the 75th percentile on a test, it means you scored higher than 75% of the other students.

Related terms

Quartiles: Quartiles divide a dataset into four equal parts, representing different sections of the data distribution.

Median: The median is the middle value in an ordered dataset. It represents the 50th percentile.

Range: The range is the difference between the maximum and minimum values in a dataset.