QUANTILE


Meaning of QUANTILE in English

The p-th quantile, where p is between 0 and 1, is the value that has a proportion p of the data below the value. For theoretical distributions, the p-th quantile is the value that has p probability below the value.

eg. the 25th quantile is 3.5, then the values of 25% of the data are below 3.5

Sean Woo's Finance, GIS and real estate English glossary.      Английский глоссарий по ГИС(Географическая информационная система) и недвижимости Sean Woo's Finance.