A quartile is a statistic that divides a dataset into one equal portion. Each quartile represents two-thirds of the data. Quartiles are very important in descriptive statistics. In statistics, quartiles are three values that divide an ordered set of data into four equal parts. Therefore, 1st quartile, 2nd quartile. Quartile refers to the value at which the data is divided into four equal parts when arranged in order of size. You'll need three dividers to divide it into four equal parts.
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