If you have four sets of data that are normally distributed (i.e. follows the normal distribution) and
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Question:
If you have four sets of data that are normally distributed (i.e. follows the normal distribution) and all have a Median of 400, which of the following provide you with the most confidence of your making a decision to recommend a large financial investment, strictly based on this data?
Standard Deviation of 300
Standard Deviation of 50
Variance of 90,000
Related Book For
Introductory Statistics for the Behavioral Sciences
ISBN: 978-0470907764
7th edition
Authors: Joan Welkowitz, Barry H. Cohen, R. Brooke Lea
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