In this guide, I will show you how to calculate the interquartile range (IQR) by using Microsoft Excel. I will also show you how to how to calculate the first and third quartiles for a dataset. What is the IQR?
To calculate the Interquartile Range (IQR) in Excel using VBA and prompt the user to select the range, you can use the followingVBA code. This code first asks the user to select a range of data. Then, it calculates the IQR by subtracting the 1st quartile (25th percentile) from the 3rd...
Also read:How to Find Range in Excel How to Interprent Interquartile Range Value? The IQR tells us how spread out the middle half of your data is (which is the range between the 25th and the 75th percentile value). A high IQR value indicates a greater spread of the middle data points...