Researching Target Markets: Difference between revisions
→Week 6: Definition of w:quartiles |
→Week 6: definition of w:range (statistics) |
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In [[w:descriptive statistics|descriptive statistics]], the '''[[w:quartile|quartile]]s ''' of a [[w:Levels of measurement#Ordinal scale|ranked]] set of data values are the three points that divide the data set into four equal groups, each group comprising a quarter of the data. ( Wikipedia ) | In [[w:descriptive statistics|descriptive statistics]], the '''[[w:quartile|quartile]]s ''' of a [[w:Levels of measurement#Ordinal scale|ranked]] set of data values are the three points that divide the data set into four equal groups, each group comprising a quarter of the data. ( Wikipedia ) | ||
In [[w:arithmetic|arithmetic]], the '''[[w:Range (statistics)|range]]''' of a set of data is the difference between the largest and smallest values. ( Wikipedia ) | |||