DATA MANAGEMENT - Relative Position
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8 Terms
Percentile
This splits the whole distrribution into 100 subgroups. It is the value that describes the percentage of data that falls BELOW IT.
Decile
This splits the whole distribution into 10 subgroups.
Quartile
This splits the whole distribution into 4 subgroups.
Normal Distribution
This refers to the bell-shjaped curve to describe such a normally distributed data,.
Gaussian Distribution
Another term for Normal Distribution, named in honor of Gauss 1777-1835
Z-table
It is a statistical table that allows us to know the percentage or proprotion of values below (or to the left) of a z-score
Skewness
It refers to the degree of symmetry or asymmetry of a distribution in relation to the center.
Kurtosis
This refers to the peakedness or flatness of a distribution.
