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.