Q:
Deciles, percentiles, quintiles and quartiles divide a distribution into how many portions, respectively?
a) Fifths, quarters, tenths, hundredths
b) Quarters, tenths, hundredths, fifths
c) Tenths, hundredths, fifths, quarters
d) Hundredths, fifths, tenths, quarters
e) Tenths, hundredths, quarters, fifths
A:
Deciles, percentiles, quintiles and quartiles divide a distribution into tenths, hundredths, fifths and quarters respectively. These are all types of quantiles and are used frequently in investment research to facilitate the comparison of large firms to small firms.

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