Why is variance, as a measure of variability, preferred to the range, the IQR, and the SIQR?

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Business Statistics A Decision Making Approach

ISBN: 9780133021844

9th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

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Question Posted: Aug 18, 2017 02:01 PM

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Why is variance, as a measure of variability, preferred to the range, the IQR, and the SIQR?

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Business Statistics A Decision Making Approach

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