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Upper And Lower Quartile Meaning

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Upper And Lower Quartile Meaning. The following figure shows the median quartiles and interquartile range. The lower quartile is the median of the lower half of the data.

Quartile Definition
Quartile Definition from www.investopedia.com

There has been this continued escalation where everybody wants to be in the upper quartile once one guy. Each group represents the one-fourth of the data set. - second one Q2 which is also known as the median.

- second one Q2 which is also known as the median.

Median divides the data. In this example the upper quartile is 20 and the lower quartile is 10. Each group represents the one-fourth of the data set. Scroll down the page for examples and solutions.

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