The interquartile range (IQR) is a measure of statistical dispersion. Which of the following best describes how the IQR is calculated?

Question

Answer

The difference between the smallest and largest values in the dataset.

Answer

The difference between the 25th and 75th percentiles of the dataset.

Answer

The sum of the 25th and 75th percentiles of the dataset.

Answer

The average of all values between the 25th and 75th percentiles of the dataset.

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