Quartiles are the values that divide a data set into quarters: Put the values in order Divide the list into four equal parts The Quartiles are at the divisions The interquartile range shows the ...
In order to calculate this value we must first understand what the lower quartile, median and upper quartile are: the lower quartile is the median of the lower half of the data. The \(\frac{(n+1)}{ ...
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Interquartile Range
In a box plot, it is easy to see the range of where 50% of your data lies. Let’s examine this a little further by describing the interquartile range. Quartiles can be defined as dividing your data ...