Calculate Lower Quartile in Excel 2010
Introduction & Importance
The lower quartile, also known as the first quartile (Q1), is a statistical measure that divides the lower 25% of a data set. Calculating the lower quartile in Excel 2010 is crucial for understanding your data’s distribution and identifying potential outliers…
For more information, see the U.S. Bureau of Labor Statistics guide and the UCLA Statistical Consulting Group’s guide.