IQR Calculation using Excel: In Excel, there is no direct way to calculate the Interquartile range. The most common approach is to calculate the third and first quartiles using the quartile function in Excel and then find out the difference (Q3-Q1) between them. ...
Excel provides a built-in formula for the trimmed mean: TRIMMEAN. To use this function, enter the range of cells containing your data and the percentage of values to trim. However, note that Excel’s trimming percentage definition differs from the standard statistical definition. The percentage i...