The standard deviation, the range, and interquartile range(IQR) summarize the va
ID: 3254396 • Letter: T
Question
Explanation / Answer
(a)
Explanation: The standard deviation is usually preferred over the range, since the range is most affected by an outlier while the standard deviation is more useful because it covers all the observations in the data.
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(b)
Explanation: The IQR sometimes preferred to the standard deviation, since the IQR only uses a quarter of the data, while the standard deviation uses all the data.
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(c)
Explanation: The advantage of the standard deviation over the IQR is that it takes all the observations in to consideration and the range takes two quarters of the data.
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