Preparatory Statistics
The interquartile range (IQR) is a measure of statistical dispersion that represents the difference between the first quartile (Q1) and the third quartile (Q3) in a dataset. It indicates the range within which the central 50% of the data points lie, effectively capturing the spread of the middle half of the data while ignoring extreme values or outliers. This makes IQR a useful metric for understanding variability and comparing datasets, as it provides a robust measure of spread that isn’t influenced by extreme scores.
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