What Is an Advantage of Calculating the Interquartile Range Instead

question 107

Multiple Choice

What is an advantage of calculating the interquartile range instead of the range?

• A) The mean is used in the calculation of the interquartile range.
• B) The interquartile range is less affected by outliers than the range.
• C) The interquartile range is based on all of the scores in the set of data.
• D) The interquartile range removes the highest 25% of the distribution.

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Definitions:

Business Cycle

The fluctuations in economic activity that an economy experiences over a period, typically seen in periods of expansion and contraction.

Strike Activity

Actions taken by workers, typically union members, where they refuse to work in order to protest against their employer's labor practices or to push for better conditions or pay.

Market Forces

Market forces are the economic factors affecting the supply and demand of goods and services in a market, influencing prices, production, and distribution in a capitalist economy.

Employer-Initiated

Actions or policies that are begun or implemented by an employer, often relating to workplace management, changes in operation, or employee relations.