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Interquartile mean

The interquartile mean (IQM), also called midmean, is a statistical measure of central tendency based on the truncated mean of the interquartile range. The IQM is very similar to the scoring method used in sports that are evaluated by a panel of judges: "discard the lowest and the highest scores; calculate the mean value of the remaining scores".

Measurement, Applications & Art

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Applications

London Interbank Offered RateSOFRVolume-weighted average priceRobustEverything2
5 related topics

Comparison with mean and median

MedianOutliersArithmetic mean
3 related topics

Examples

MeanWeighted average
2 related topics

Related statistics

Mid-hingeTrimean
2 related topics

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Calculation

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Comparison with mean and median

Related statistics

Applications

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Map overview Semantic statistics

Interquartile mean

Nodes24
Edges23
Triples10
Avg. degree1.92
Density0.083333
Components1

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Interquartile mean

Top relations

has application · 5
Interquartile mean → Everything2, Libor's, London Interbank Offered Rate, SOFR, US
related to Comparison with mean and median · 5
Interquartile mean → IQM, Like, On, The, The IQM

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Important terminology

mean observations iqm interquartile dataset quartiles range highest value lowest 25 number method median example thus equal used calculation also

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Interquartile meanhas applicationLondon Interbank Offered Rate0.60section
Interquartile meanhas applicationSOFR0.60section
Interquartile meanhas applicationLibor's0.60section
Interquartile meanhas applicationUS0.60section
Interquartile meanhas applicationEverything20.60section
Interquartile meanrelated to Comparison with mean and medianThe0.60section
Interquartile meanrelated to Comparison with mean and medianLike0.60section
Interquartile meanrelated to Comparison with mean and medianIQM0.60section
Interquartile meanrelated to Comparison with mean and medianOn0.60section
Interquartile meanrelated to Comparison with mean and medianThe IQM0.60section

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    Min side: 3
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