Which measure of variability is appropriate when a sample is likely to contain one or several extreme values?
Question
Which measure of variability is appropriate when a sample is likely to contain one or several extreme values?
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Solution 1
When a sample is likely to contain one or several extreme values (also known as outliers), the appropriate measure of variability is the Interquartile Range (IQR).
Here's why:
- Interquartile Range (IQR): The IQR measures the statistical spread between the 25th percentile (Q1) and the 75th percen Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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