The interquartile mean (IQM), also called midmean, is a statistical measure of central tendency based on the truncated mean of the interquartile range. The IQM is very similar to the scoring method used in sports that are evaluated by a panel of judges: "discard the lowest and the highest scores; calculate the mean value of the remaining scores".
The interquartile mean (IQM), also called midmean, is a statistical measure of central tendency based on the truncated mean of the interquartile range. The IQM is very similar to the scoring method used in sports that are evaluated by a panel of judges: "discard the lowest and the highest scores; calculate the mean value of the remaining scores".
Source: Wikipedia "Interquartile mean" · CC BY-SA 4.0
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