July 2019
Beginner to intermediate
740 pages
16h 52m
English
Just like we had the coefficient of variation when using the mean as our measure of central tendency, we have the quartile coefficient of dispersion when using the median as our measure of center. This statistic is also unitless, so it can be used to compare datasets. It is calculated by dividing the semi-quartile range (half the IQR) by the midhinge (midpoint between the first and third quartiles):

Read now
Unlock full access