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#1 Re: Exercises » Calculating Quartiles » 2021-06-06 18:38:38

Any set of data can be described by its five-number summary. These five numbers, which give you the information you need to find patterns and outliers, consist of (in ascending order). The minimum or lowest value of the dataset The first quartile Q1, which represents a quarter of the way through the list of all data The median of the data set, which represents the midpoint of the whole list of data The third quartile Q3, which represents three-quarters of the way through the list of all data The maximum or highest value of the data set.

IQR = Q3 - Q1. The interquartile range [link removed by moderator] shows how the data is spread about the median. It is less susceptible than the range to outliers and can, therefore, be more helpful.

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