What is interquartile range in SAP BI-RA-AWB - SAP BusinessObjects Analysis, edition for OLAP?

SAP Term: interquartile range

• Component: BI-RA-AWB

• Component Name: SAP BusinessObjects Analysis, edition for OLAP

• Description: A statistical measure of the spread of a data set, equal to the difference between the first and third quartiles.

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• Key Concepts: 
  Interquartile range (IQR) is a measure of variability in a data set. It is calculated by subtracting the third quartile from the first quartile. The IQR is used to identify outliers in a data set, as any values that are outside of the IQR are considered outliers. 
  
  How to use it: 
  In SAP BusinessObjects Analysis, edition for OLAP, the IQR can be used to identify outliers in a data set. To calculate the IQR, select the “Calculate Interquartile Range” option from the “Analysis” menu. This will open a dialog box where you can select the data set and specify the quartiles to be used for the calculation. Once you have specified these parameters, click “OK” to calculate the IQR. 
  
  Tips & Tricks: 
  When calculating the IQR, it is important to remember that the first quartile is the 25th percentile and the third quartile is the 75th percentile. Additionally, it is important to note that any values outside of the IQR are considered outliers and should be investigated further. 
  
  Related Information: 
  For more information on using SAP BusinessObjects Analysis, edition for OLAP, please refer to the official documentation available on SAP’s website. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this software.