Quartiles in statistics are three values such that the lower quartile, second quartile (better known as the median) and upper quartile divide up the set of observations into four subsets with equal numbers in each subset.
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IQR = Inter Quartile RangeIQR = Inter Quartile RangeIQR = Inter Quartile RangeIQR = Inter Quartile Range
The interquartile range of a set of data is the difference between the upper quartile and lower quartile.
It means the bottom quarter, or bottom 25%
Subtract the lower quartile from the upper quartile.
The first quartile, or the lower quartile, is the value such that a quarter of the observations are smaller and three quarters are larger.The third quartile, or the upper quartile, is the value such that three quarters of the observations are smaller and a quarter are larger.