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What is 20th percentile quantitative?

Updated: 4/28/2022
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15y ago

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The 20th percentile is an estimate of the value in which 20% of the observations should fall below this value and 80% should be above it. Methods vary on the calculations, but all methods will give similar results if there are a large number of values. See: http://en.wikipedia.org/wiki/Percentile

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