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Glossary: Statistics Basics

Quartiles

Also written: Q1, Q3, first quartile, third quartile, QUARTILE.INC, QUARTILE.EXC

Values splitting sorted data into four parts: Q1 has a quarter below it, the median is the second quartile, Q3 has three quarters below. QUARTILE.INC and .EXC use different position rules, so answers can differ.

Where the book teaches it

Related terms

Interquartile range (IQR)InterpolationFive-number summary