Asked by
Aliya Toomer
on Dec 02, 2024
Verified
A small company employs a supervisor at $1100 a week,an inventory manager at $700 a week,6 stock boys at $400 a week,and 4 drivers at $600 a week.Which measure of spread,would best describe the payroll,the range,the IQR,or the standard deviation?
A) IQR,because the distribution is symmetric.
B) Range,because it would be least sensitive to the outlier at $1100.
C) Standard deviation,because it would be least sensitive to the outlier at $1100.
D) IQR,because it would be least sensitive to the outliers at $700 and $1100.
E) IQR,because it would be least sensitive to the outlier at $1100.
Standard Deviation
A procedure for calculating the extent of dispersion or variability among a group of data values.
Range
In statistics, the difference between the largest and smallest values in a dataset, describing its spread.
IQR
Interquartile Range, a measure of statistical dispersion being the difference between the upper and lower quartiles.
- Determine the appropriate measure of central tendency and variability for a given dataset.
- Calculate basic descriptive statistics (mean, median, mode, range, standard deviation, IQR).
Verified Answer
RM
Learning Objectives
- Determine the appropriate measure of central tendency and variability for a given dataset.
- Calculate basic descriptive statistics (mean, median, mode, range, standard deviation, IQR).
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