For a symmetric distribution (where the median equals the midhinge, the average of the first and third quartiles), half the IQR equals the median absolute deviation (MAD). The median is the corresponding measure of central tendency. Identification of outliers (see below).
SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking. Its nature has changed dramatically since it was set up in 1973. At first, it was a government entity that serviced federal education loans.
Follow @TIMEBusiness. Our old friend Sallie Mae is up to her old tricks again: trying to sell students on extremely dangerous variable rate private student loans with this press release, which touts âchanges in the law and improvements in the economy that translate into student loans at among the best interest rates in the last five-year period.â.