TERCILE Meaning and
Definition
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Tercile is a statistical term used to divide a given set of data into three equal parts, by arranging the data points in ascending or descending order. Each part or division will consist of one-third, or approximately 33.33%, of the total data set.
In simpler terms, a tercile is a way to categorize or group data into three equal parts based on their values. It is commonly used in various statistical analyses to understand the distribution and characteristics of a dataset.
For example, if we have a dataset of 100 numbers, arranging them in ascending order and then dividing them into three equal groups would result in three terciles, each containing approximately 33 data points. The first tercile would include the lowest 33 values, the second tercile would contain the middle 33 values, and the third tercile would consist of the highest 34 values.
Terciles can provide valuable insights into the distribution of data, helping researchers or analysts identify patterns, trends, or specific characteristics within different sections of the dataset. They are often used in fields such as economics, finance, market research, and other areas where data analysis and interpretation play a crucial role.
Common Misspellings for TERCILE
- terbile
- vercile
- rercile
- fercile
- gercile
- yercile
- 6ercile
- 5ercile
- twrcile
- tsrcile
- tdrcile
- trrcile
- t4rcile
- t3rcile
- teecile
- tedcile
- tefcile
- tetcile
- te5cile
- te4cile
Etymology of TERCILE
The word "tercile" is derived from the Latin word "tertius", which means "third". It is derived from the same root as the English word "tertiary", relating to the number three or the third position in a sequence. In statistics, tercile refers to dividing a range of data into three equal parts or divisions, with each tercile representing approximately 33.3% of the total.
