Percentiles

Percentiles are a way to compare individual data points within a larger group. For example, if you score in the 80th percentile on a test, it means you scored better than 80% of all test-takers. Percentiles divide data into 100 equal parts, helping to understand how a specific value relates to the overall distribution. They are useful in various fields like education, health, and finance to assess relative standing, identify trends, and set benchmarks. Essentially, percentiles show where a particular score or measurement falls in comparison to the entire dataset.