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Quartiles
Values that divide a set of data into four equal parts, each representing a 25% interval.
Distribution
The way in which something is shared or spread out over a range or area.
Retirees
Individuals who have ended their professional career or working life and are living off their retirement savings, pensions, or social security.
Third Quartile
Represents the value below which 75% of the data in a dataset lies, marking the upper quartile of a data set.
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