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Which of the Following Is the Best Measure of Variability

question 47

Short Answer

Which of the following is the best measure of variability if the distribution of a set of data is skewed? A The standard deviation.BThe variance. C The median.DThe interquartile range. \begin{array}{|l|l|}\hline A&\text { The standard deviation.}\\\hline B&\text {The variance. }\\\hline C&\text { The median.}\\\hline D&\text {The interquartile range. }\\\hline \end{array}


Definitions:

Reliable Historical Data

Trustworthy and dependable data from the past, used for research, analysis, or decision making, which has been accurately recorded and preserved.

Subjective Probabilities

Estimates of the likelihood of events based on personal judgment or experience, rather than on objective data or statistical analysis.

Past Experience

Refers to the knowledge, skills, and achievements a person has accumulated from previous job roles, education, or life situations.

Certainty

The state of being completely confident or having no doubt about something.

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