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Descriptive Statistics When summarizing interval-ratio variable data using descriptive statistics, what do we lose in our understanding of a sample if we just report the
Descriptive Statistics
When summarizing interval-ratio variable data using descriptive statistics, what do we lose in our understanding of a sample if we just report the mean and not any measures of dispersion such as the interquartile range or standard deviation? How might this apply to our understanding of a variable such as crime rates in major cities or incarceration rates for minorities across counties?
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