Measures of Relative Position

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11 Terms

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Percentiles

A measure that calculates a value's relative position by dividing data into equal parts and determining the percentage of their location.

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Quartiles

Values that divide the data into four equal parts after arranging it in order.

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Q1

The first quartile, representing the value below which 25% of the data falls.

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Q2

The second quartile, also known as the median, where 50% of the data falls below.

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Q3

The third quartile, representing the value below which 75% of the data falls.

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Box plots

Graphical representations of data that show the relative sizes of each quartile.

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IQR (Interquartile Range)

The range or difference between the first and third quartiles, representing the middle 50% of the data.

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Standard score (z-score)

A numerical measurement that describes a value's distance from the mean in terms of standard deviations.

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Standard deviation

A measure of how spread out the values in a data set are from the mean.

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Mean

The average of a set of numbers, calculated by dividing the sum of the values by the number of values.

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Observation

A single data point that is measured within a statistical context.