IPA: /ˈkwɒn.taɪl/
KK: /kwɑnˈtaɪl/
A value that divides a set of data into equal parts, so that each part has the same number of observations. It helps in understanding the distribution of data points in statistics.
In statistics, the median is a type of quantile that divides the data into two equal halves.
Quantile → It is formed from "quantus" (meaning how much) and the suffix "-ile" (meaning capable of or pertaining to). The term quantile refers to a value that divides a dataset into equal parts, indicating how much of the data falls below a certain point.
Think of 'how much' ('quantus') something can be divided into equal parts ('-ile'), which helps you remember that a quantile is a value that segments data.