Median = 50th percentile or 2nd quartile or 5th decile.
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The median
A quartile is a given section in a range of data. To find the quartile, you must first find the median. Then find the "median of the median", using these to separate your data into sections, giving you a total of four sections of data.
Consider the data: 1, 2, 2, 3, 4, 4, 5, 7, 11, 13 , 19 (arranged in ascending order) Minimum: 1 Maximum: 19 Range = Maximum - Minimum = 19 - 1 = 18 Median = 4 (the middle value) 1st Quartile/Lower Quartile = 2 (the middle/median of the data below the median which is 4) 3rd Quartile/Upper Quartile = 11 (the middle/median of the data above the median which is 4) InterQuartile Range (IQR) = 3rd Quartile - 1st Quartile = 11 - 2 = 9
Like the standard deviation, the interquartile range (IQR) is a descriptive statistic used to summarize the extent of the spread of your data. The IQR is the distance between the 1st quartile (25th percentile) and 3rd quartile (75th percentile). Q3 - Q1 = IQR To find these numbers you must divide your data set in half, and find the median of each half and that will be your Q1 and Q3. If you have an odd number, then EXCLUDE the median of the entire set, so as follows: For example, take the following dataset: 3 5 7 8 9 21 40 90 120 We exclude the 9 as the median of the whole set and the 1st quartile is 6 (5+7 divided by 2) and the 3rd quartile is 65 (40+90 divided by 2), making the IQR = 65-6=59. OR If you have this set: 3 5 7 8 40 90 120 We exclude the 8 as the median of the whole set and the 1st quartile is 5 and the 3rd quartile is 90. (90 - 5 = 85.)
50th percentile or median