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What Are And How To Calculate Quartiles, The Interquartile Range, IQR, And Outliers Explained

In this video we discuss what are and how to calculate quartiles, the interquartile range, IQR, and Outliers. We use the IQR to determine any possible outliers in a data set. Transcript/notes Quartiles divide an ordered data set into 4 equal groups, and they are marked with Q1, 2 and 3. If we draw a line with the lowest data value to the left ...

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