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Meaning of quantile

quan•tile

Pronunciation: (kwon'tīl, -til), [key]
— n. 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. Cf.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.