Which of the Following Statements Is True About the Range

question 16

Multiple Choice

Which of the following statements is true about the range?

• A)It is unaffected by outliers.
• B)It can be misleading if it is inflated by one or more aberrant outliers.
• C)It provides more information than other measures of dispersion about the amount of variability in a distribution.
• D)It refers to the middle 75% of the values in a distribution.

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Definitions:

Corrective Action

Measures taken to identify and rectify problems or deviations from set standards and processes.

Quarterly Report

A financial report issued by a company every quarter, detailing earnings, expenses, and net profits to provide stakeholders with an update on its financial health and performance.

No Deviation

The strict adherence to set standards, rules, or procedures without allowing for any exceptions or changes.

Corrective Action

Measures taken to identify, eliminate, and prevent recurrence of defects or problems in processes, products, or services.