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Quartile

Assignment and Homework help in Quartile

Quartile :

 

An arithmetical term unfolding a partition of observations into four distinct intervals based upon the values of the data and how they put side by side to the complete set of observations. Every quartile includes 25% of the total observations. In general, the data is ordered from smallest to largest with those observations falling below 25% of all the data scrutinized, assigned within the 1st quartile, observations falling between 25.1% and 50% and allocated in the 2nd quartile, then the observations falling between 51% and 75% allocated in the 3rd quartile, and finally the remaining observations allocated in the 4th quartile. (investopedia.com)

Lower quartile = 1/4(n+1) 

Upper quartile = 3/4(n+1) 

Where n is the number of the values.

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