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Why Isn't the Range the Best Measure of Variability

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Why isn't the range the best measure of variability?


Definitions:

Dividends Per Share

This is the amount of dividends paid to shareholders per existing share, illustrating the dividend payout on a per share basis.

Provincial Marginal Tax Rate

The Provincial Marginal Tax Rate is the tax rate that applies to the last dollar earned and varies by province within a country.

Marginal Tax Rates

The tax rate applied to the last unit of currency earned, important for understanding the tax implications of earning additional income.

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