Outliers are information factors that differ considerably from different observations. They are often attributable to measurement errors, information entry errors, or just pure variation. Figuring out outliers is necessary 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 methodology 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 might be greater than 1.5 occasions the IQR above the seventy fifth percentile or under the twenty fifth percentile are thought of outliers.
