Which of the Following Represents a Disadvantage of Using the Sample

question 112

Multiple Choice

Which of the following represents a disadvantage of using the sample range to measure dispersion?

• A) It produces spreads that are not meaningful for data analysis.
• B) The largest or smallest observation (or both) may be an outlier.
• C) The sample range is not measured in the same units as the data.
• D) The sample range is measured in the same units as the data.

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Definitions:

Physical Capital

Physical assets including facilities, tools, and machines utilized for manufacturing products and providing services.

Structures

The arrangement or organization of interconnected elements, which can pertain to physical buildings or systemic frameworks within a context.

Equipment

Tools or machinery necessary for a particular activity or purpose.

Nonrenewable Resource

A resource that cannot be replenished at the same rate at which it is consumed, such as fossil fuels.