Question
Easy

The secondary quartile is equal to:

1
Median
2
3rd Percentile
3
4th Percentile
4
Quartile deviation
Question Details
Time to Solve: 12
Exam: HTET
Level/Paper: Level 3
Chapter: Statistics for Economics
Topic: Measure of Central Tendency
Correct Answer
Option A
Explanation

The correct option is 1: In descriptive statistics, quartiles are values that divide a data set into four equal parts, each containing 25% of the data points. There are three main quartiles: the first quartile ($Q\_1$), the second quartile ($Q\_2$), and the third quartile ($Q\_3$). The secondary quartile, often denoted as $Q\_2$, is the point in the distribution that marks the 50% mark of the data when it is ordered.тАжRead More