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Pronunciation varies by accent · noun
(statistics) Any of the quantiles which divide an ordered sample population into five equally numerous subsets..
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.
Use quintile when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Quintile means (statistics) Any of the quantiles which divide an ordered sample population into five equally numerous subsets..
Common synonyms include fifth.
The opposite depends on the specific sense.
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.
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