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The interquartile range defines the difference between the third and the first quartile. Quartiles are the partitioned values that divide the whole series into 4 equal parts. So, there are 3 quartiles. First Quartile is denoted by Q1known as the lower quartile, the second Quartile is denoted...
Quartiles are the three points which divide the given set of data into four equal parts. Learn its definition, formula, deviation and range along with solved examples at BYJU'S.