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Quartile. In statistics, quartiles are a type of quantiles which divide the number of data points into four parts, or quarters, of more-or-less equal size. The data must be ordered from smallest to largest to compute quartiles; as such, quartiles are a form of order statistic. The three quartiles, resulting in four data divisions, are as follows:
In descriptive statistics, the interquartile range (IQR) is a measure of statistical dispersion, which is the spread of the data. [1] The IQR may also be called the midspread, middle 50%, fourth spread, or H‑spread. It is defined as the difference between the 75th and 25th percentiles of the data. [2][3][4] To calculate the IQR, the data set ...
The five-number summary is a set of descriptive statistics that provides information about a dataset. It consists of the five most important sample percentiles: the sample minimum (smallest observation) the lower quartile or first quartile. the median (the middle value) the upper quartile or third quartile. the sample maximum (largest observation)
Quantile. Probability density of a normal distribution, with quantiles shown. The area below the red curve is the same in the intervals (−∞,Q1), (Q1,Q2), (Q2,Q3), and (Q3,+∞). In statistics and probability, quantiles are cut points dividing the range of a probability distribution into continuous intervals with equal probabilities, or ...
In statistics, dispersion (also called variability, scatter, or spread) is the extent to which a distribution is stretched or squeezed. [1] Common examples of measures of statistical dispersion are the variance, standard deviation, and interquartile range. For instance, when the variance of data in a set is large, the data is widely scattered ...
Box plot of data from the Michelson experiment. In descriptive statistics, a box plot or boxplot is a method for demonstrating graphically the locality, spread and skewness groups of numerical data through their quartiles. [1] In addition to the box on a box plot, there can be lines (which are called whiskers) extending from the box indicating ...
At $314.1 billion, the national aggregate value of negative equity was down in Q3 of 2023 — a $22.3 billion decrease quarter-over-quarter. The number of underwater mortgages decreased by 8% year ...
Order statistic. Probability density functions of the order statistics for a sample of size n = 5 from an exponential distribution with unit scale parameter. In statistics, the k th order statistic of a statistical sample is equal to its k th-smallest value. [1] Together with rank statistics, order statistics are among the most fundamental ...
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