Asked by Yakelin Zamora on Jun 03, 2024
Verified
One of the advantages of the standard deviation over the variance as a measure of variability is that the standard deviation is measured in the original units.
Variance
A statistic that represents the extent to which a set of numbers is spread out, calculating the average of the squared differences from the Mean.
Original Units
The units in which the data was originally measured or collected before any transformations or conversions.
- Attain knowledge on the concept of variability and the tools for its assessment, namely variance, standard deviation, and range.
Verified Answer
AN
Abdullah NaeemJun 07, 2024
Final Answer :
True
Explanation :
Standard deviation is measured in the same units as the data, whereas variance is measured in square units. Therefore, the standard deviation is easier to interpret and compare with other data points.
Learning Objectives
- Attain knowledge on the concept of variability and the tools for its assessment, namely variance, standard deviation, and range.