Definitions
There is 1 meaning of the phrase
Quartile Deviation.
Quartile Deviation - as a noun
One half of the difference obtained by subtracting the first quartile from the third quartile in a frequency distribution.
Example: "In interpreting the quartile deviation of any distribution of test scores, the size of the value is always the indicator."
Example Sentences
"The quartile deviation is used to measure the variability of data in a statistical distribution."
"In this dataset, the quartile deviation is calculated to be 10."
"The quartile deviation is commonly used in finance to analyze stock market returns."
"Researchers often report the quartile deviation to summarize the spread of the data."
"The quartile deviation is a robust measure of dispersion, less affected by outliers."
