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Learn how to calculate the Interquartile Range in Excel using simple formulas. Understand quartiles, interpret the results, and use the 1.5*IQR rule
Jan 29, 2020 · How to Calculate the Interquartile Range in Excel. Microsoft Excel doesn’t have a built-in function to calculate the IQR of a dataset, but we can easily find it by using the QUARTILE() function, which takes the following arguments: QUARTILE(array, quart) array: the array of data you’re interested in. quart: the quartile you would like to ...
Oct 7, 2024 · Solving for the interquartile range in Excel helps summarize the spread of your dataset, providing a quick overview of data distribution. You can also use IQR analysis to identify potential outliers in your data, which are values significantly different from the rest of the dataset.
This video demonstrates how to use the interquartile range (IQR) and boxplots to detect outliers and compare two variables using Microsoft Excel.
- 10 min
- 36.1K
- Dr. Todd Grande
May 20, 2023 · Step-by-Step Guide: Finding Interquartile Range in Excel. Follow these simple steps to find the interquartile range in Microsoft Excel: Step 1: Organize Your Data. Organize your data in a column or row in Excel. Step 2: Calculate Quartiles. Use the =QUARTILE function in Excel to calculate the first quartile (Q1). Select the cell where you want ...
Jul 18, 2024 · Finding the Interquartile Range (IQR) in Excel is a great way to understand the spread of your data. You’ll be using Excel’s functions to calculate the first quartile (Q1) and the third quartile (Q3). Subtracting these values gives you the IQR.
Jul 23, 2024 · Finding the interquartile range (IQR) in Excel is a straightforward process that can be accomplished in a few steps. By using Excel’s functions and tools, you can quickly calculate the IQR, which is a measure of statistical dispersion, or how spread out the numbers in your dataset are.