Quartile
In descriptive statistics, the quartiles of a set of values are the three points that divide the data set into four equal groups, each representing a fourth of the population being sampled. A quartile is a type of quantile.
In epidemiology, sociology and finance, the quartiles of a population are the four subpopulations defined by classifying individuals according to whether the value concerned falls into one of the four ranges defined by the three values discussed above. Thus an individual item might be described as being "in the upper quartile".
Read more about Quartile: Definitions, Computing Methods, Outliers