Question
In a frequency distribution, what percent of the total
number of observations lies between the first and third quartiles?Solution
The distance between the first quartile (Q1) and the third quartile (Q3) is referred to as the interquartile range (IQR). The first quartile (Q1) or the lower quartile, is the value under which 25% of data points are found when they are arranged in increasing order. The third quartile (Q3) or upper quartile, is the value under which 75% of data points are found when arranged in increasing order. As such, the IQR encompasses the middle 50% of the data. The interquartile range give a better idea of the dispersion of data only if there are outliers .
Consider the following statements about the PM SVANidhi Scheme:
1.        The scheme provides a working capital loan of up to ₹10,000...
The Union Cabinet has recently approved a comprehensive Export Promotion Mission (EPM) aimed at strengthening India’s export competitiveness, improvin...
Which of the following is not a feature of the e-NAM platform?
__________ aids to set up a network of technology centres and to set up incubation centres to accelerate entrepreneurship and also to promote startups ...
Government of India has come up with several initiatives for preventing discrimination against women at the workplace as well as increasing participatio...
What is the estimated investment approved for the 12 new industrial cities under NICDP?
The Swashakt Programme, which focuses on addressing evidence gaps and unlocking economic opportunities for women in farm and non-farm sectors, is suppor...
Consider the following Statements.
(I) WPI tracks inflation at the wholesale level and CPI captures changes in prices levels at the consumer l...
Which organisation collects samples to determine the Poverty Line in India?
What is the primary goal of the Ayushman Bhav Campaign launched by the President of India?