Quintile
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Quintile is a noun meaning (statistics) Any of the quantiles which divide an ordered sample population into five equally numerous subsets.
Meaning
(statistics) Any of the quantiles which divide an ordered sample population into five equally numerous subsets.
More Meanings
- (by extension) A subset thus obtained.
- (astrology) An aspect of planets that are distant from each other by one fifth of a zodiac (72°)
Example Sentences
Effectively no household making less than $28,000 will pay federal income tax – usually about 15% of the bottom income quintile has some tax liability.
“It’s well known that the lowest income consumer is really struggling with inflation, but from a purely economic standpoint, it is the higher quintiles of earners that do the most spending,” Nanette Abuhoff Jacobson, global investment strategist at Hartford Funds, told CNN.
Word Forms
- quintiles
Synonyms for quintile
Depending on context, synonyms include fifth.
Related Words
Related dictionary entries include one-fifth, fifth, thu, top, bottom, quartile.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.