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Interquartile is a term used in statistics. In particular, the interquartile range is one measure of the spread of a distribution. A distribution is a record of the values of some variable.
For example, the sum (k/2)+(k/4)+(k/8)+...(k/2^n) is asymptotically equal to k. Unfortunately no consistent notation is used throughout mathematics and some texts will use â to mean approximately equal and ~ to mean asymptotically equal whereas other texts use the symbols the other way around.