What does decile mean?
A part of a frequency distribution that includes 10% of the items in a dataset, ranked in order of size or value. A decile is a measure of central tendency, similar to a percentile.
Example
"The top decile of earners in the country pay a significant portion of the total taxes."
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.