Respuesta :
A quintile represents a population divided into 5 parts or expressed as 20 percent of the whole.
How are quintiles calculated?
Add up the total income for each quintile, then divide it by the proportion of cases in each quintile. In the aforementioned example, the median annual income for those in the lowest quintile is 2,500, while that of those in the highest quintile is 13,500.
A quintile is one of five numbers that divides a set of data into five equally sized chunks, each of which represents one fifth (20%) of the total range. Tertiles are created when a population is divided into three equal parts, whereas quartiles are created when a population is divided into four equal parts.
Each of the five equal halves of a collection of data is known as a quintile, which both refers to the cut-off points and the group of values contained. Each of the ten equally sized portions of a piece of data are referred to as a decile.
To learn more about quintiles refer to:
https://brainly.com/question/16988954
#SPJ4
