In the attached image is a example for finding IQR. What I don’t understand is the significance of this number. What useful information about the distribution am I gaining by finding the IQR. Can you please give an example of how this information may be useful to a statistician or data scientist.
In the attached image is a example for finding IQR. What I don’t understand is the significance of this number. What useful information about the distribution am I gaining by finding the IQR. Can you please give an example of how this information may be useful to a statistician or data scientist.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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In the attached image is a example for finding IQR. What I don’t understand is the significance of this number. What useful information about the distribution am I gaining by finding the IQR. Can you please give an example of how this information may be useful to a statistician or data scientist.
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