1a. Match the brief description below to the item or value that it describes. Ha

Question

1a. Match the brief description below to the item or value that it describes.

Half of the cases are smaller than this value.

Choose the correct answer below.

A. variance

B. mode

C. mean

D. standard deviation

E. median

1b. What happens to the range as the number of observations increases? If you have a data table that shows the balance of 100 loans, does the range get smaller, get larger, or stay the same if the number of loans is increased to 250?

Choose the correct answer below.

A. The range will stay the same.

B.The range may increase or stay the same, but will never decrease.

C.The range will always increase.

D.The range may increase or decrease.

Explanation / Answer

1a) as medain lies at 50th percentile

therefroe correct option is E

1b)as value can exceed or go below the orginal values therefore option B is correct,

B.The range may increase or stay the same, but will never decrease.

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