Fence Calculation Formula:
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Statistical fences (lower and upper fences) are boundaries used in statistics to identify potential outliers in a dataset. They are calculated using the interquartile range (IQR) and quartile values.
The calculator uses the following equations:
Where:
Explanation: Any data points below the lower fence or above the upper fence are considered potential outliers.
Details: Fences help identify outliers that may need further investigation in statistical analysis. They are commonly used in box plots to visually identify unusual observations.
Tips: Enter Q1, Q3, and IQR values. The calculator will compute the lower and upper fences. All values must be valid (IQR should be positive).
Q1: Why use 1.5 × IQR for fences?
A: 1.5 is a standard multiplier that identifies mild outliers. Some analyses use 3 × IQR for extreme outliers.
Q2: What if my data points fall outside the fences?
A: Points outside the fences are potential outliers but require further investigation to determine if they are errors or genuine extreme values.
Q3: How do I find Q1, Q3, and IQR?
A: Q1 is the median of the first half of your data, Q3 of the second half. IQR = Q3 - Q1. Most statistical software can calculate these.
Q4: Are there alternatives to this method?
A: Other outlier detection methods include z-scores, modified z-scores, or domain-specific thresholds.
Q5: When should I remove outliers?
A: Outliers should only be removed after careful consideration of whether they represent errors or meaningful variation in your data.