Question
Explain the concept of percentile and percentile rank.
Answer :
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A percentile is a statistical measure that indicates the value below which a given percentage of observations in a distribution falls. It divides an ordered data set into one hundred equal parts. For example, the 25th percentile (P25) is the value below which 25 percent of the scores lie, while the 50th percentile corresponds to the median. Percentiles are particularly useful in psychological research for describing the relative standing of scores in standardized
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