What is the difference between percentile and decile?
An example of an AI chatbot conversation about percentiles and deciles in statistics.
What is the difference between percentile and decile?
Percentiles divide data into 100 equal parts, while deciles divide it into 10 equal parts.
Can you give me an example of how to calculate a percentile?
Sure! To find the 90th percentile, you would arrange your data in ascending order and find the value below which 90% of the data falls.
How about deciles? How do I calculate them?
For deciles, you do the same: arrange your data and find the values that separate the data into 10 equal parts.
Are there any practical applications for using percentiles and deciles?
Yes, they are often used in education to assess student performance and in finance to analyze income distribution.
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