Introduction To Descriptive Statistics: K S Deepika
Introduction To Descriptive Statistics: K S Deepika
Descriptive Statistics
K S Deepika
Department of MBA
Interquartile Range and Quartile Deviation
Interquartile range, IQR = Q3 − Q1
Quartile Deviation (Q.D) = Q3 − Q1 = Semi- Interquartile range
Q3 − Q1 2
Coefficient of QD =
Q3 + Q1
MERITS
• It is not affected by extreme observations
• Can be used in case of open ended classes
DEMERITS
• Not based on all observations
• Affected by fluctuations in sampling
• It is not suitable for further mathematical treatment.
Interquartile Range
K S Deepika
Department of MBA
[email protected]