Calculate Lower Quartile in Excel 2010
Introduction & Importance
Calculating the lower quartile, also known as the first quartile (Q1), is a crucial step in statistical analysis. It helps identify the middle 50% of your data and is particularly useful in understanding data distribution and identifying outliers.
For more information on quartiles, visit the BLS guide to understanding quartiles.
You can also learn more about Excel functions from the Microsoft support page.