quartile
A quartile is a type of quantile that divides a ranked data set into four equal parts. The three quartiles, Q1, Q2, and Q3, correspond to the 25th, 50th, and 75th percentiles respectively. Q2 is commonly the median of the data.
Q1 is the value such that about a quarter of observations fall at or below it; Q3
Calculation: several conventions exist. One widely used method defines Q2 as the median of the data; Q1
Interquartile range (IQR) is Q3 minus Q1. It measures the spread of the middle 50% of the
In practice, quartiles provide a simple, robust summary for skewed distributions and are commonly reported alongside