What does IQR stand for?
Understand the Problem
The question is asking for the meaning of the abbreviation 'IQR'. This typically refers to 'Interquartile Range', which is a measure used in statistics to describe the spread of the middle 50% of a dataset.
Answer
Interquartile Range
IQR stands for Interquartile Range, which is the difference between the upper and lower quartile values in a data set.
Answer for screen readers
IQR stands for Interquartile Range, which is the difference between the upper and lower quartile values in a data set.
More Information
The interquartile range is used to measure the spread of the middle 50% of your data, providing a better understanding of the dataset's concentration.
Sources
- Interquartile Range (IQR): How to Find and Use It - Statistics By Jim - statisticsbyjim.com
- Interquartile range - Wikipedia - en.wikipedia.org
- Interquartile Range (IQR) | Definition, Formula & Examples - BYJU'S - byjus.com
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