University of Central Florida (UCF) QMB3200 Quantitative Business Tools II Midterm Practice Exam Flash Cards

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Question: 1 / 140

How is the lower limit for detecting outliers calculated in Excel?

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=QUARTILE.EXC(A1:AX, 1) - 1.5 * (QUARTILE.EXC(A1:AX, 3) - QUARTILE.EXC(A1:AX, 1))

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