MOM Labour Market Statistical Information Understanding Statistics Percentiles Concepts and Definitions

Percentiles: The Building Blocks of Ranking

Concepts and Definitions
Percentiles: The Building Blocks of Ranking
There are other summary measures that can give us more information on the location of the data points and
Concepts and Definitions how they are spread out, other than averages like the mean, median and mode. An example of such a
measure is percentiles. The diagram below defines some common measures: the 25th percentile, 50th
Uses percentile, 75th percentile and interquartile range.

Quiz

Last updated on 12 August 2014 16:13:01

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