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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RELATED TERMS
1. Quintiles

A statistical value of a data set that represents 20% of a given ...
2. Quartile

A statistical term describing a division of observations into ...
3. Decile

A method of splitting up a set of ranked data into 10 equally ...