Question: 35. To measure variation: a) Why is the standard deviations usually prefened over the range? b) The IQR is sometimes preferred to when there are

35. To measure variation:

a) Why is the standard deviations usually prefened over the range?

b) The IQR is sometimes preferred to when there are some extreme outliers Why?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Statistical Sampling To Auditing Questions!

Q:

3.70. To measure variability, why is (a) The standard deviations usually preferred over the range? (b) The IQR sometimes preferred to s?

Q:

3.70. To measure variability, why is (a) The standard deviations usually preferred over the range? (b) The IQR sometimes preferred to s?

Q:

BA 1605: Midterm Recap (Due: Feb. 27, 2015) Name _____________________________ 50 Student ID _____________________________ Section 01B 10:00~11:20 am Section 02B 01:00~02:20 pm [Questions 4 ~ 7] The...

Q:

Describing Data Once we have collected data from surveys or experiments, we need to summarize and present the data in a way that will be meaningful to the reader. We will begin with graphical...

Q:

Tables and Figures Module XXIII-B Slide 1 No Comments Slide 2 After collecting and analyzing the data from our research study, we are faced with the need to turn data into information, that is, we...

Q:

I need to see the SPSS output. You need to have all z-scores, all charts, all descriptives data from SPSS, everything you used to answer the questions. I am sending you what the previous tutor sent...

Q:

Study Guide Healthcare Statistics By Jacqueline K. Wilson, RHIA About the Author Jacqueline K. Wilson is a Registered Health Information Administrator (RHIA) who has more than ten years of experience...

Q:

Possible Multiple Choice Questions for the Exam. Focus on the topics discussed in class. Chapter 1 Multiple Choice Identify the choice that best completes the statement or answers the question. ____...

Q:

Directions: Please respond to the questions listed below. For These you can give direct answers with no explanation. Note: THIS ISNT FOR AN ASSIGNMENT BUT MERELY FOR MY OWN UNDERSTANDING AND...

Q:

Exploratory Data Analysis Introduction This chapter will show you how to use visualisation and transformation to explore your data in a systematic way, a task that statisticians call exploratory data...

Q:

1: What I Know About Ethics. Exercise 2: Multiple Choice Test Directions: Answer the following questions and encircle the letter of the correct answer. What word is derived from the Greek word a is...

Q:

a) One of the essential steps of the system development life cycle is preparing feasibility studies, including technical, economic, legal, operational and schedules feasibility. We have discussed...

Q:

If the Year 1 ending inventory balance is overstated, then the Year 2 beginning inventory balance will be Blank______. Multiple choice question. overstated understated correctly stated

Q:

Inga, an attorney, completed a job for a client in November 2021. If she bills the client immediately, she will receive her $10,000 fee before the end of the year. By delaying the billing for a...

Q:

The reason we use a z-score from a normal distribution in constructing a confidence interval for a proportion is that (a) For large random samples, the sampling distribution of the sample proportion...

Q:

Increasing the confidence level causes the width of a confidence interval to (a) increase, (b) decrease, (c) stay the same.

Q:

Other things being equal, quadrupling the sample size causes the width of a confidence interval to (a) double, (b) halve, (c) be one quarter as wide, (d) stay the same.

Q:

10 Part 3 of 4 7.14 points Required information [The following information applies to the questions displayed below.] Web Wizard, Incorporated, has provided information technology services for...

Q:

The statement of financial position of Columba Ltd. at December 31, 2017, was as follows: COLUMBA LTD. Statement of Financial Position as at December 31, 2017 Share capital (150,000 shares) $150,000...

Q:

inventory transactions on December 31, 2020. "P17.17 (LO 6) (Fair Value Hedge) On October 15, 2020, Oil Products Co. purchased 4,000 barrels of fuel oil with a cost of $240,000 ($60 per barrel). Oil...