What Is The 5th Decile.

What is the 5th decile.

Answer:

The 5th decile is the point that divides a dataset into 10 equal parts or groups, such that 50% of the data falls below this point and 50% of the data falls above it. In other words, if a dataset is sorted in ascending order, the 5th decile is the value that is greater than or equal to 40% of the data and less than or equal to 50% of the data.