Introduction to Interquartile Range:
The interquartile range is the difference between the higher quartile and lower quartile and the range is the difference between upper value and lower value. The range and quartiles can also be learning through online.
Uses of Range:-
* Range is used in industry for the statistical quality control of the manufactured product by the construction of R-chart. i.e.., the control chart for range.
* Range is by far the most widely used measure of variability in our day-to-day life.
This will also help us on factorisation
* Range is also used as a very convenient measure by meteorologiacal department for weather forecasts since the public is primarily interested to know the limits within which the temperature is likely to vary on a particular day.
Keep reading may be in the next session let me help you on Decimal Calculator
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