The interquartile mean is a measure of central tendency. While all values in a data set are used to calculate the mean, only the interquartile range -- the central portion of a data set -- is used to ...

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In your school life, you have learned about average and the method to calculate it. The formula to calculate the average is very simple. You just have to add all the values in the given data and ...

A price breakpoint is a discount you offer your customers based on the amount of units that they order. The breakpoint is the lower value of the range that entitles a customer to a discount. For ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Creating a running total (or a cumulative sum, as it ...

It is possible to find the cube and cube root of a number using simple formulas in Excel. You can use the same formula in Excel, Excel Online, and Google Sheets to calculate the cube root or cube of ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Getty Images / juststock The forward ...

Everyone likes a bonus, but sometimes calculating one can be a bit complicated--at first. Here's how to calculate the amount in Microsoft Excel that you or your staff will get paid. If you’ve ever had ...