interquartile range excel


How to find interquartile range?

    There are three simple steps to find the interquartile range. STEP - 1: Arrange the data in ascending or descending order. STEP - 2: Find the first quartile and the third quartile value. STEP - 3: The difference between the first and the third quartile value is the interquartile range. James picks up the given set of random two-digit numbers.

What does interquartile range mean?

    The interquartile range is actually the measure of static depression and the spread of the data. Instead of data, there are two quartiles, namely the upper quartile and the lower quartile. The interquartile range is used to explain the difference between the upper and lower quartiles in the set of data.

What does the interquartile range show?

    The interquartile range, which tells us how far apart the first and third quartile are, indicates how spread out the middle 50% of our set of data is. The primary advantage of using the interquartile range rather than the range for the measurement of the spread of a data set is that the interquartile range is not sensitive to outliers.
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