Calculating Interquartile Range (IQR): Unveiling Patterns in Data
In the realm of statistics, understanding data variability is crucial for uncovering insights and making informed decisions. One valuable measure of variability is the Interquartile Range (IQR), which provides a robust estimate of the spread of data while being less susceptible to outliers compared to the range. Calculating the IQR is a straightforward process that … Read more