Asked by Rishi Gowda on May 05, 2024
Verified
The measure of variability easiest to compute, but seldom used as the only measure, is the
A) range.
B) interquartile range.
C) standard deviation.
D) variance.
Measure Of Variability
A statistical indicator of how widely values in a data set vary around the mean or median.
Range
The difference between the highest and the lowest values in a data set.
- Comprehend the concepts of variability metrics, such as range and interquartile range, along with their significance.
Verified Answer
ZK
Zybrea Knight
May 05, 2024
Final Answer :
A
Explanation :
The range is the easiest measure of variability to compute, as it simply requires finding the difference between the highest and lowest values in a set of data. However, it is not always the most informative measure on its own, as it does not consider the distribution of values within the range. The other measures (interquartile range, standard deviation, and variance) take into account the distribution of values and provide more complete information about the variability of the data.
Learning Objectives
- Comprehend the concepts of variability metrics, such as range and interquartile range, along with their significance.