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Flashcards covering definitions, formulas, and methods for calculating quartiles, interquartile ranges, outliers, deciles, and percentiles from ungrouped data.
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Quartile
A value that divides an ordered data set into four equal parts.
Interquartile Range (IQR)
The difference between the third quartile (Q3) and the first quartile (Q1) that measures the spread of the middle 50% of the data.
IQR Formula
IQR=Q3−Q1
Outlier
A value that is unusually high or unusually low compared with the rest of the data. A value that falls outside the expected range may be considered an outlier.
Linear Interpolation
A method used to estimate an unknown value that lies between two known values.
Lower Fence
The lowest acceptable value in a data set; any value below the lower fence is considered an outlier. Formula: Lower Fence=Q1−1.5(IQR)
Upper Fence
The highest acceptable value in a data set; any value above the upper fence is considered an outlier. Formula: Upper Fence=Q3+1.5(IQR)
Steps in Linear Interpolation
Linear Interpolation Usage Note
Linear interpolation is only needed when the position contains a decimal value.
Position of Dk
Used to find the kth decile using the formula: 10k(n+1)
Position of Pk
Used to find the kth percentile using the formula: 100k(n+1)