Examlex
The following five-number summary for a sample of size 500 were obtained: Minimum = 250, and Maximum = 4,950. Based on this information, if you were to construct a box and whisker plot, the value corresponding to the right - hand edge of the box would be 4,800.
Standard Deviation
A gauge of how much the values in a collection scatter around the mean, reflecting the range of variation.
Sampling Distribution
The probabilistic distribution specific to a statistic, based on randomly collected data.
Sampling Distribution
A statistical distribution that represents the frequency of various outcomes in a set of samples drawn from a larger population.
Standard Deviation
A measurement of the dispersion or variation of a set of values, indicating how much the values deviate from the mean of the set.
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