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# Educating People For Tomorrow

##  mbalectures  June 1, 2010  2 Comments

The arranged
Subscribe Nowdata can be divided into four equal parts by
three values. These values are called quartiles and are
denoted by Q1, Q2 and Q3. Here Q1 is first quartile, Q2 is
second quartile and Q3 is third quartile.

## Calculation of quartiles for

ungrouped data
The calculation of quartiles for grouped and ungrouped data
is different. In case of ungrouped data, the first, second and
third quartiles can be calculated by using the formula:

OK
Problem: The time (in minutes) recorded by a sample of 14
students in a quiz competition is 38, 45, 33, 17, 28, 19, 18, 17,
11, 10, 18, 12, 25, and 40. Find Q1, Q2 and Q3.

## Arrange data in ascending order:

10, 11, 12, 17, 17, 18, 18, 19, 25, 28, 33, 38, 40, 45 Categories
Accounting

Principles of Accounting
First Quartile
Q1 can be calculated by using the formula:
Methods

Economics

Macro-Economics

Finance

Introduction to Finance

Management
Since 3.7th observations lies between 3rd and 4th value in
the ordered group, or midway between 12 and 17 therefore
Principles of
Management

Strategic Management

Marketing

Consumer Behavior

Principles of Marketing

SWOT Analysis
Second Quartile
Others

Psychology
By using the formula of quartile the calculation of Q2 is given
as: Sociology

Statistics

Descriptive statistics

Supply Chain
MBA LECTURES
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Third Quartile
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The calculation of third quartile Q3 is given below:

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Calculation of Quartiles for Analysis of Mark and
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In case of frequency distribution, quartiles can be calculated
by using the formula:

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First Quartile
In case of frequency distribution first quartile can be
calculated by using the formula given below:

Second Quartile
The calculation of second quartile is given below:
Third Quartile
Like first and second quartile, the calculation of third quartile
is given as:

 Descriptive statistics
 calculation of quartiles, calculation of quartiles for frequency
distribution, calculation of quartiles for ungrouped data, definition of
quartiles, How to calculate Quartiles, How to Find Quartiles
written by mbalectures

median and mode

Quartiles

hi mba lectures,

## I wanted know is there any other formula’s for the Quartiles

Calculation, if so can please share it.

Thank you.