One noteworthy measure of statistical dispersion is the midhinge, which is computed by taking the average of the first and third quartiles. This is a useful tool in capturing the essence of data distribution, as it remains largely unaffected by outliers. To calculate the midhinge, one must add the values of the first quartile (the 25th percentile) and the third quartile (the 75th percentile), then divide the sum by two.
| Topic | Problem | Solution |
|---|---|---|
| None | Given a data set {25, 28, 32, 35, 40}. What is th… | Step 1: Find the first quartile(Q1). To do this, we sort the data set in ascending order and find t… |