Quartiles, Quintiles, Deciles and Percentiles – Excel template

Ned Krastev
Ned Krastev

Generally, the notions of quartiles, quintiles, deciles, and percentiles are referred to as quantiles in general. A quartile divides a distribution in 4 (as in one-fourth), a quintile divides a distribution in 5 (as in one-fifth), and a decile divides a distribution in 10 (as in one-tenth). And of course, a percentile divides a distribution in 100 (one-hundredth). One of the most obvious applications of quantiles in practice is sorting the performance of a group of observations. Such a group could be composed of investment portfolios, students and their grades, or work performance by a firm’s employees.

Some other related topics you might be interested to explore are Mean, Median, Mode, Percent, and Quartile.

This is an open-access Excel template in XLSX format that will be useful for anyone who wants to work as a Statistician, Data Analyst, Data Scientist, or Asset Manager.

You can now download the Excel template for free.

Quartiles, Quintiles, Deciles, and Percentiles are among the topics included in the Quantitative Methods module of the CFA Level 1 Curriculum.

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