Which term describes a threshold dividing a set of data points into intervals?

Get more with Examzify Plus

Remove ads, unlock favorites, save progress, and access premium tools across devices.

FavoritesSave progressAd-free
From $9.99Learn more

Prepare for the Funeral Service Merchandising Exam. Enhance your knowledge with multiple choice questions and detailed explanations. Ensure your success with our comprehensive test preparation resources.

The term that describes a threshold dividing a set of data points into intervals is "Quartile." Quartiles are used in statistics to divide a dataset into four equal parts, with each part representing a quarter of the dataset. This division helps in understanding the distribution and spread of the data, as well as identifying outliers and trends.

Quartiles specifically refer to the values that separate these intervals: the first quartile (Q1) represents the 25th percentile, the second quartile (Q2, or median) represents the 50th percentile, and the third quartile (Q3) represents the 75th percentile. This segmentation allows for a clearer analysis of how data points are distributed across a range, making it a valuable concept in statistics and data analysis.

While other choices also pertain to ways of grouping or categorizing data, they do not accurately capture the idea of dividing data into set intervals in the same manner as quartiles do. For example, cluster refers to a grouping of data points based on similarity but does not inherently divide the data into intervals like quartiles. Similarly, decile divides a dataset into ten intervals but is not the term specifically requested in this context and slice is vague compared to the precise segmentation provided by

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy