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No, interquartile range cannot be for any data. The lower quartile for data must be used below the lower quartile.
A number does not have a quartile, a set of data does. The lower quartile of a set of data set is a value, in the data set, such that a quarter of the date set are smaller and three quarters are larger. The upper quartile is defined similarly. The middle quartile, better known as the median, divides the data set in two.
There is no function to create a quartile in Excel. A quartile is a 25% division of a statistical collection of data. You can use Excel to create a chart to let you observe the quartiles of the data.
The data is divided into four equal parts by quartiles. The first quartile (Q1) marks the 25th percentile, the second quartile (Q2) is the median or 50th percentile, and the third quartile (Q3) represents the 75th percentile. These quartiles help to understand the distribution of the data by segmenting it into four intervals, each containing approximately 25% of the observations.
It is an overview of the distribution of a data set. The values that are plotted are:the minimum,the lower quartile (a quarter of the data points are smaller),the median (half the data points are smaller),the upper quartile (a quarter of the data points are larger),the maximum.