Examlex
It is important for executives to use an age/experience profile to identify types of jobs where older workers can use their experience and talents most effectively.
Upper Quartile
A statistical measure indicating the value below which 75% of the data in a data set falls, marking the top end of the middle 50% of data.
Lower Quartile
The value below which 25% of the data falls, marking the lower end of the middle 50% of a dataset.
Median
The middle value in a list of numbers, which separates the higher half from the lower half.
Standard Deviation
A metric that quantifies the degree to which values in a collection vary from the average value of the group.
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