How to calculate interquartile range in excel

Understanding the range of a dataset is key to grasping data spread and is essential for interpreting and making data-driven decisions.

Excel offers various methods to calculate ranges, enhancing your data analysis skills. This article explains the concept of range in statistics, explores Excel functions for calculating it, and demonstrates practical applications with real-world examples.

What is the Range?

In Statistics, the range is referred as the difference between the maximum and the minimum value present in the datasets.

By finding the range you can sense your datasets in such a way that how much your values of datasets differ from each other.

How to enter range in excel formula

Let's take an example if we have the dataset n = (2,4,5,3,9) then the range of the dataset will be the difference between the maximum value and the minimum value i.e. the range of dataset n will be 9-5 = 4. That's how the range is calculated in the statistics.

Excel Functions Related to a Range

In MS Excel there are many functions that can be used with the range of data, some of the function

how to figure out range in excel

how to find range in excel function