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.
For college students who need private loans to fill the financial gap, Sallie Maeâs Smart Option Student Loan also offers new, lower variable rates and no disbursement fees. For the upcoming academic year, rates range between 2.25 percent APR and 9.37 percent APR for degree-seeking students, based on todayâs LIBOR index.