interquartile range means
In descriptive statistics, the interquartile range (IQR), also called the midspread or middle fifty, is a measure of statistical dispersion, being equal to the difference between the upper and lower quartiles, IQR = Q 3 â Q 1.he interquartile range is often used to find outliers in data. Outliers are observations that fall below Q1 - 1.5(IQR) or above Q3 + 1.5(IQR).
The interquartile range is the upper quartile (75th percentile) minus (-) the lower percentile (75th percentile).The interquartile range uses 50% of the data. It is a measure of the central tendency just like the standard deviation. A small interquartile range means that most of the values lie close to each other.aking the world better, one answer at a time. The interquartile range is the upper quartile (75th percentile) minus (-) the lower percentile (75th percentile). The interquartile range uses 50% of the data. It is a measure of the central tendency just like the standard deviation.