Question of the Week

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

Answer:

The correct answer is c.

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.

Financial Professionals
  1. the general ledger is the record of a company's entire financial transaction history.
    Investing

    What's a General Ledger?

  2. Several things factor into the salary of a financial advisor. Here's a look.
    Investing Basics

    How Much Does A Financial Advisor Earn?

  3. These 5 strategies offer financial advisors a blueprint on how to grow their practices.
    Professionals

    Growth Strategies For Financial Advisors

  4. If you're considering investing in China and want to know when to buy, sell, hold or stay away, consider these economic indicators.
    Economics

    Eyeing China? Consider These Economic Indicators

  5. Whether you're a saver or a financial advisor who want to give their clients a leg up, these 8 tips are essential for financial planning.
    Investing Basics

    8 Essential Tips For Retirement Saving