Boxplots are a great way to visualize interquartile ranges and their relation to the median and the overall distribution. These graphs display ranges of values based on quartiles and show asterisks for outliers that fall outside the whiskers. Boxplots work by splitting your data into quarters....
To get exactly3σ, we’d need to take thescale = 1.7. However, 1.5 is more “symmetrical” than 1.7, and we’ve always been a little more inclined towards symmetry, haven’t we? Also, IQR method of outlier detection is not the only nor best method for outlier detection. Some trade-...
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