The reason I started looking at this was upon reading about using the IQR
(inter-quartile range)* 1.35 or so as a robust alternative to standard
deviation as a measure of dispersion for approximately normal distributions:
I was wondering about the derivation of the magic number "1.35".

On Fri, Oct 16, 2009 at 8:15 PM, Don Guinn <[email protected]> wrote:

> That's why you need to be careful with median and quartiles. You must know
> how it is calculated before you interpret the result.
>
> On Fri, Oct 16, 2009 at 6:38 PM, Sherlock, Ric <[email protected]
> >wrote:
>
> > The following is based on Keith Similie's stats companion.
> >
> > NB. Median and quartiles
> > midpt=: -:@<:@#
> > median=: -:@(+/)@((<.,>.)@midpt { /:~)
> > Q1=: [: median ] #~ median > ]
> > Q3=: [: median ] #~ median < ]
> > quartiles=: Q1 , median , Q3
> >
> > Another definition of median where the domain is integers.
> >
> > median=: ~.@((<.,>.)@midpt { /:~)
> ...
>
-- 
Devon McCormick, CFA
^me^ at acm.
org is my
preferred e-mail
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