Examlex
A particular subdivision has 20 homes. The number of people living in each of these homes is listed as follows: Which of the following statements is true when comparing a random sample of size three homes selected from the population to a random sample of size 6 homes selected from the population?
IQR
Interquartile range, a measure of statistical dispersion being the difference between the 75th and 25th percentiles, or quartiles, in a data set.
Range
The difference between the highest and lowest values in a data set, giving an indication of the data's dispersion or variability.
Median
The middle value in a set of numbers, which separates the higher half from the lower half.
Standard Deviation
A statistical metric that quantifies the spread or variability of a dataset, highlighting how far individual measurements deviate from the dataset's mean on average.
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