With the Following Data, State Whether the Range or Interquartile

question 6

Essay

With the following data, state whether the range or interquartile range is more appropriate. Why?
2, 3, 9, 19, 13, 5, 17, 18, 2, 55, 16, 20, 21, 6, 19, 20

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Definitions:

Money In Circulation

The total amount of physical currency and coin that is in the general public's hands and the vaults of financial institutions.

Tax Loopholes

Provisions or gaps in tax legislation that allow individuals and corporations to legally reduce their tax liabilities through various means not fully intended by the lawmakers.

Taxable Income

The portion of an individual or entity's income used as the basis for calculating the amount of tax they owe to the government, after allowed deductions and exemptions.

Fiscal Policy

Government adjustments in spending levels and tax rates to monitor and influence a nation's economy.