Noun
quantile (plural quantiles)
(statistics) One of the class of values of a variate which divides the members of a batch or sample into equal-sized subgroups of adjacent values or a probability distribution into distributions of equal probability.
Examples The following two examples use the Nearest Rank definition of quantile with rounding. Source: Internet
In particular, the quantile z 0.975 is 1.96 ; therefore a normal random variable will lie outside the interval μ ± 1.96σ in only 5% of cases. Source: Internet
In some cases the value of a quantile may not be uniquely determined, as can be the case for the median (2-quantile) of a uniform probability distribution on a set of even size. Source: Internet
SAS includes five sample quantile methods, SciPy http://docs. Source: Internet
The groups created are termed halves, thirds, quarters, etc., though sometimes the terms for the quantile are used for the groups created, rather than for the cut points. Source: Internet
There is one less quantile than the number of groups created. Source: Internet