percentile

percentile definition - business

percentile

A value on a scale of 0 to 100 that represents the percent of the distribution that is equal to and below the value. For example, a variable at the 80th percentile is equal to or higher than 80% of the components of the distribution.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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