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quintile

 

Definitions from the Web

Quintile

Noun

1. (statistics) Each of five equal groups into which a population can be divided based on a particular characteristic, such as income or test scores.

Example sentence: The students were divided into quintiles based on their performance in the annual mathematics test.

2. (finance) A statistical concept used in investment analysis, where securities or portfolios are divided into five equal groups based on their returns.

Example sentence: The mutual fund's performance was in the top quintile for the last quarter.

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Adjective

1. Of or relating to each of the five equal groups, especially in statistics or rankings.

Example sentence: The quintile salary range for the job position was provided in the employment advertisement.

2. Characterizing a statistical division or allocation into five parts.

Example sentence: The students' academic performance has been consistently quintile for the past three years.

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