range, variance & standard deviation for this data series
Not what you're looking for?
Universal package service,ltd., delivers sm parcels to business addresses in the greater boston area. to learn more about data description on the # of deliveries/wk for a sample of 10 customers: 3 3 4 2 3 3 23 3 Calcuate the range, variance & standard deviation for this data series. which measure does the best job of describing the dispersion in this variable? Please show how answers were obtained-the arithmetic portion. thank you.
Purchase this Solution
Solution Summary
The expert determines the range, variance & standard deviation for this data series. Which measure does the best job of describing the dispersion in this variable is provided.
Solution Preview
Please refer to the attachment.
1 The range is the simplest measure of spread or dispersion: It is equal to the difference between the largest and the smallest values.
Here, range = 4- 2 =2
The range can be a useful measure of spread because it is so easily understood. However, it is very sensitive to extreme scores since it is based on only two values. The range should almost never be used as the only measure of spread, but can be informative if used as a supplement to other measures of spread such as the ...
Purchase this Solution
Free BrainMass Quizzes
Measures of Central Tendency
This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.
Know Your Statistical Concepts
Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.
Measures of Central Tendency
Tests knowledge of the three main measures of central tendency, including some simple calculation questions.
Terms and Definitions for Statistics
This quiz covers basic terms and definitions of statistics.