Quantile vs. Tertile

Quantile vs. Tertile — Is There a Difference?

Difference Between Quantile and Tertile

Quantilenoun

(statistics) One of the class of values of a variate which divides the members of a batch or sample into equal-sized subgroups of adjacent values or a probability distribution into distributions of equal probability.

Tertilenoun

(statistics) Either of the two points that divide an ordered distribution into three parts, each containing a third of the population.

Tertilenoun

(statistics) Any one of the three groups so divided.

The first tertile results include January through April's revenues.