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In descriptive statistics, the interquartile range (IQR), also called the midspread or middle fifty, is a measure of statistical dispersion, being equal to the difference between the upper and lower quartiles, IQR = Q 3 â Q 1.igure 3. Box-and-whisker plot with four close and one far away extreme values, defined as outliers above Q3 + 1.5(IQR) and Q3 + 3(IQR), respectively. The interquartile range is often used to find outliers in data.
The interquartile range (also called the midspread or middle fifty), is the distance between the third and first quartiles and is considered a more stable statistic than the range of the set. The IQR contains 50% of the data.