Quintiles are statistical values that divide a dataset into five equal parts, each containing 20% of the data points. This concept is essential for understanding the distribution of data and allows researchers to analyze how different segments of the population compare across various metrics, such as income or test scores. By breaking down data into quintiles, it becomes easier to interpret and visualize trends within a dataset, as well as to make informed decisions based on this analysis.
congrats on reading the definition of Quintiles. now let's actually learn it.