It Is "True" to Say That,in Practice,you Can Estimate Variability

question 71

True/False

It is "true" to say that,in practice,you can estimate variability in the population by using one of three methods: (a)set pq to the most conservative amounts of 50 percent/50 percent, (b)estimate pq based upon prior research studies,or (c)conduct a pilot study.

---

Definitions:

Summary Statistics

Quantitative measures that describe and summarize the main features of a collection of data.

Box And Whisker Plot

A graphical representation of data that displays the distribution's central tendency, variability, and skewness, including the median, quartiles, and extremes.

Percentile

A statistical metric denoting the value beneath which a certain portion of data points in a set lies.

Third Quartile

The value below which 75% of the observations in a dataset fall, also known as the upper quartile.