Solved: Why is range of a data set not good predictor of variability, Accounting Basics

+44 141 628 6080
[email protected]

Why is range of a data set not good predictor of variability

Question: Four sets are listed in the table below. Each set represents a sample. Find the range, mean, and standard deviation for each set. Use your results to fill in the table.

Set:

f1; 2; 98; 100g
f1; 49; 51; 100g
f1; 25; 75; 100g
f1; 40; 60; 100g

Based on your results above, please answer the following questions:

(1) Why is the range of a data set not a good predictor of variability?

(2) Why is the mean of a data set not a good predictor of variability?

View Complete Question

Solution Preview :

Prepared by a verified Expert

Accounting Basics: Why is range of a data set not good predictor of variability

Reference No:- TGS01940026

Now Priced at $20 (50% Discount)

Recommended (94%)

Rated (4.6/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Discussion about the components of personality

When Dr. Roberts is describing "hereditability", he is talking about the components of personality that you inherit or that you are born with

What term best describes omars situation

Jose has been using cocaine frequently and now is preoccupied with the drug to the detriment of his other responsibilities. He experiences intense cravings

Will hunting mockery and internal refusal to therapy

Reflect on Will Hunting mockery and internal refusal to therapy with Dr. Shawn Maguire. In your reflections and based on what you know about his life

How culture shapes individuals self-perception

Culture shapes individuals' self-perception, values, beliefs, behaviors, and worldview.

What you think is necessary for a successful relationship

Discuss what you think is necessary for a "successful" relationship. Make sure to identify both social factors as well as personality attributes.

Development of counseling skills

Part of the development of counseling skills and identity is to pause and self-reflect. Self-reflection includes strengths and areas of growth.

Identify risk factors that impact victims of violence

Question: Identify risk factors that impact victims of violence from a holistic perspective, including each of the following:

Solution Preview :

Prepared by a verified Expert

Accounting Basics: Why is range of a data set not good predictor of variability

Reference No:- TGS01940026

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Determine the polynomials have multiple roots

Q : What is the expected profit or loss

Q : Discuss the slope of the curve

Q : Discuss about autistic student in regular eduction classroom

Q : Why is range of a data set not good predictor of variability

Q : Higher-order system-unit-step response curve

Q : Discuss an unique root for function

Q : Determine the reliability factor

Q : Write the equation of the plane