What are some real-world examples of quartiles?
Quartiles are used in various fields. For instance, in education, they can analyze student test scores to identify performance levels.
Can you give me another example?
Sure! In finance, quartiles help in assessing income distribution among different groups, like identifying the top 25% earners.
How about in healthcare?
In healthcare, quartiles can be used to evaluate patient recovery times, helping to categorize patients based on their recovery speed.
Are there any examples in sports?
Yes! In sports, quartiles can analyze player performance statistics, such as scoring, to identify the top-performing athletes.
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