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As a Measure of Variability, What Is Defined as the Maximum

question 26

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As a measure of variability, what is defined as the maximum value minus the minimum value?


Definitions:

Outliers

Outliers are data points in a dataset that deviate significantly from the rest of the distribution, potentially indicating an error or a unique underlying process.

Bimodal

A set of data that has two modes.

Standard Deviation

A statistical measure of the dispersion or variability of a data set around its mean.

Frequency Distribution

A statistical representation showing the number of instances in which a variable takes each of its possible values.

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