In the attached image is a example for finding IQR. What I don’t understand is the significance of this number. What useful information about the distribution am I gaining by finding the IQR. Can you please give an example of how this information may be useful to a statistician or data scientist.
In the attached image is a example for finding IQR. What I don’t understand is the significance of this number. What useful information about the distribution am I gaining by finding the IQR. Can you please give an example of how this information may be useful to a statistician or data scientist.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 24PFA
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In the attached image is a example for finding IQR. What I don’t understand is the significance of this number. What useful information about the distribution am I gaining by finding the IQR. Can you please give an example of how this information may be useful to a statistician or data scientist.
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