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Title : Meaning of income quintile or centile
Writer : admin   
Income by income quintile or centile represents the average income of households which belong to one of the five or ten classes in case all the households are placed in a row according to their income. Therefore, a class occupies 20 percent (or 10 percent) of the households.
The lowest income bracket belongs to the 1st Group, while the highest income bracket belongs to the 5th (or 10th) Group.
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