The term "quartile" is best defined by option B:
B. Each of four equal groups into which a population can be divided according to the distribution of values of a particular variable.
Option D also discusses quartiles but focuses more on the specific calculations and measures of spread associated with them, such as the interquartile range (IQR). However, it does not provide the basic definition of what quartiles are.
To clarify further:
- First quartile (Q1) is the value that separates the lowest 25% of the data.
- Second quartile (Q2 or median) is the value that separates the lowest 50% from the highest 50%.
- Third quartile (Q3) is the value that separates the lowest 75% of data from the highest 25%.
The interquartile range (IQR) is indeed calculated as \( Q3 - Q1 \), which measures the spread of the middle 50% of the data.