Asked by gaurang narang on Apr 25, 2024
The interquartile range is a measure of variability in a set of data.
Interquartile Range
A measure of variability that describes the range within which the middle 50% of a data set lies, calculated as the difference between the 75th and 25th percentiles.
Variability
Variability refers to the extent to which data points in a distribution differ from each other and from the mean of the distribution.
- Understand the application and interpretation of descriptive statistics in real-world situations.
Learning Objectives
- Understand the application and interpretation of descriptive statistics in real-world situations.
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