Absolute vs. Relative Dispersion
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Fill in the blank: The range of a dataset is calculated as the difference between the ___ and ___ values. |
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Why is the mean deviation considered a more effective measure of dispersion than range? |
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Mean deviation accounts for all data points, providing a more comprehensive view of variability, whereas range only considers two extreme values. |
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True or False: The coefficient of variation is defined as the ratio of standard deviation to the mean, expressed as a percentage. |
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A measure of dispersion must be clear.
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It is calculated as the mean deviation about the median divided by the median, multiplied by 100. |
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Fill in the blank: The standard deviation is defined as the root mean square deviation from the ___ of observations. |
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What is the relationship between the mean deviations of related variables, such as x and y in the equation 2x + 3y = 10? |
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The mean deviation of y can be computed as |b| times the mean deviation of x, where b is the coefficient of x in the equation. |
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In what situation is quartile deviation considered the best measure of dispersion? |
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Quartile deviation is preferred in open-end classifications, as it is less affected by extreme observations. |
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True or False: The standard deviation cannot be treated mathematically like the mean deviation. |
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It measures relative dispersion based on the first and third quartiles of a dataset. |
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Fill in the blank: If the mean of a dataset is 50 and the standard deviation is 5, then the coefficient of variation is ___%. |
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It involves using the means and standard deviations of both groups to find a weighted average that considers the number of observations in each group. |
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Riddle: I can change if you shift the origin or change the scale, but I reflect the spread of data. What am I? |
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