What is the difference between percentiles and quartiles?
An example of an AI chatbot conversation about percentiles and quartiles.
What is the difference between percentiles and quartiles?
Percentiles divide data into 100 equal parts, while quartiles divide it into 4 equal parts.
Can you give me an example of how to calculate them?
Sure! For quartiles, you find Q1, Q2 (median), and Q3. For percentiles, you can find any specific percentile like the 25th.
Why are they important in statistics?
They help summarize data distributions and identify outliers, making data analysis easier.
Are there any other measures of data distribution?
Yes, other measures include mean, median, mode, and standard deviation.
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