Percentiles measure the approximate percentage of values in the data set that are below the value of interest.

Name: Percentiles measure the approximate percentage of values in the data set that are below the value of interest.
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Percentiles are used in statistics to indicate the value below which a given percentage of observations in a group of observations falls. For example, the 50th percentile is the value below which 50% of the observations may be found.

Percentiles Measure the Approximate Percentage of Values in the Data