quantile

[kwon-tahyl, -til]

noun

Statistics.

1. one of the class of values of a variate that divides the total frequency of a sample or population into a given number of equal proportions.

Word History and Origins

Origin of quantile¹

1935–40; quant(ity) + -ile noun suffix, on the model of percentile

Example Sentences

Britain's competition watchdog has provisionally cleared London Stock Exchange's takeover of Quantile Group, it said on Friday.

From Reuters

Quantile is a provider of portfolio, margin and capital optimisation services for banks, hedge funds and financial institutions trading derivatives.

From Reuters

Quantile was founded in 2015 and is chaired by Stephen O'Connor, the former Morgan Stanley banker who used to chair the International Swaps and Derivatives Association.

From Reuters

One example of this approach is a quantile dot plot.

From Scientific American

A beta-mixture quantile normalization method for correcting probe design bias in Illumina Infinium 450 k DNA methylation data.

From Nature