How to calculate decile
There are several formulas in vogue to calculate deciles. This method is one of the simplest ones where one can calculate each decile by
There are several formulas in vogue to calculate deciles. This method is one of the simplest ones where one can calculate each decile by
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The first decile is the point where 10% of all data values lie below it. The second decile is the point where 20% of all data values lie below it, and so forth. We can use the following function to calculate the deciles for a dataset
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