How is the interquartile range different from the range in handling outliers?
- Both exclude outliers
- Both include outliers
- The interquartile range does not include outliers, the range does
- The interquartile range includes outliers, the range does not
The interquartile range, which is the difference between the upper quartile (Q3) and the lower quartile (Q1), represents the middle 50% of the data and is not affected by outliers. The range, on the other hand, is the difference between the maximum and minimum data values and is significantly affected by outliers.
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