How do you find the fourth quartile?
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personal finance
home financing
The first quartile has 25% of the data below it, 2nd quartile = median has 50% of data below it, third quartile has 75% data below and 25% above. IQR = 3rd quartile - 1st quartile. A fourth quartile would be the maximum, which you can't get from the median and IQR.
People also ask, is there a 4th quartile?
Second quartile: between 25.1% and 50% (up to the median) Third quartile: 51% to 75% (above the median) Fourth quartile: the highest 25% of numbers.
- Lower Quartile (Q1) = (N+1) * 1 / 4.
- Middle Quartile (Q2) = (N+1) * 2 / 4.
- Upper Quartile (Q3 )= (N+1) * 3 / 4.
- Interquartile Range = Q3 – Q1.
Moreover, how do you find q1 and q3?
Q1 is the median (the middle) of the lower half of the data, and Q3 is the median (the middle) of the upper half of the data. (3, 5, 7, 8, 9), | (11, 15, 16, 20, 21). Q1 = 7 and Q3 = 16. Step 5: Subtract Q1 from Q3.
Deciles are similar to quartiles. But while quartiles sort data into four quarters, deciles sort data into ten equal parts: The 10th, 20th, 30th, 40th, 50th, 60th, 70th, 80th, 90th and 100th percentiles. A person who scored very low (say, the 5th percentile) would find themselves in a decile rank of 1.