42+ Interquartile Range Box Plot PNG. It is the difference between the highest and the lowest value. The most simple measure of variability is the range.
In descriptive statistics, the interquartile range (iqr), also called the midspread or middle fifty, is a measure of statistical dispersion, being equal to the difference between the upper and lower quartiles, iqr = q3 − q1. The highest and lowest values. The given line plot shows the magnitudes of earthquakes that recently took place around the world.
The reason why i am showing you this image is that looking at a statistical distribution is more commonplace than looking at a box plot.
In descriptive statistics, the interquartile range (iqr), also called the midspread, middle 50%, or h‑spread, is a measure of statistical dispersion. In a boxplot, the interquartile range is represented by the width of the box (q3 minus q1). Box plot to get good indication of how the values in a distribution are spread out. By default, the extremes mode is used that is the whiskers are the extremes of the data set, the box goes from the first quartile to the third and the middle line is the median.