The Interquartile Range (IQR) is a measure of statistical dispersion, which is the difference between the third and first quartiles of a dataset. It represents the range within which the central 50% of the data lies.
Percentiles are values that divide a data set into 100 equal parts, providing insights into the distribution of data by indicating the relative standing of specific data points.
Quantiles represent points taken at regular intervals from the cumulative distribution function (CDF), and are fundamental in statistics for dividing data distributions into intervals.
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