Outliers are knowledge factors that differ considerably from different observations. They are often attributable to measurement errors, knowledge entry errors, or just pure variation. Figuring out outliers is vital as a result of they will skew the outcomes of statistical analyses.
There are a number of methods to calculate outliers in Excel. One frequent technique is to make use of the Interquartile Vary (IQR). The IQR is the distinction between the seventy fifth percentile and the twenty fifth percentile. Information factors which can be greater than 1.5 occasions the IQR above the seventy fifth percentile or beneath the twenty fifth percentile are thought-about outliers.
