It is a simple but crude measure of the spread of data.
No.
Yes it does.
Quartiles are values that divide a sample of data into four groups containing the same number of observations. You will find details in the related link.
It gives you the interquartile range
Quartiles have nothing to be "solved", but they can be "found" if that's what you mean...
There are 5 quartiles in any data set.
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No.
Am a student and i need more insight to do my assignment. Thank you.
Yes it does.
The interquartile range is well known as a measure of statistical dispersion. It is equal to difference between upper and lower quartiles. The quartiles is a type of quantile.
usefulness of a company pospectus
Quartiles are values that divide a sample of data into four groups containing the same number of observations. You will find details in the related link.
It gives you the interquartile range
Quartiles have nothing to be "solved", but they can be "found" if that's what you mean...
The usefulness of accounting is seen in various aspects of any business. Some of the main uses include budgeting and planning for finances, determining the growth and status of a business and so much more.Ê
Usefully, usefulness.