The following are a few distribution divisions’ breakdowns: (i) Quartiles into quarters, (ii) quintiles into fifth, (iii) percentiles into hundredths.
Measuring the location and potential data can be done through simple arithmetic and in some circumstantial situations, interpolation (linear). Interpolation is another way of saying estimating a missing value. The Basic Formula: Py will refer to the Xvalue at or below the yth percentile in ascending order
If Ly is not a whole number, then we must use linear interpolation, which means estimating an unknown value on the basis of two known values that surround it:
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