Why are standard deviation and the interquartile range better measures of dispersion than range?

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Introduction To Business Analytics

ISBN: 9781265454340

1st Edition

Authors: Vernon Richardson, Marcia Watson

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Question Posted: May 24, 2023 01:34 AM

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Why are standard deviation and the interquartile range better measures of dispersion than range?

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The range is the difference between the maximum and minimum values Therefore it is ...View the full answer

Introduction To Business Analytics

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