Answer the following questions about variability of data sets: a. What is the primary disadvantage of using

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Answer the following questions about variability of data sets:

a. What is the primary disadvantage of using the range to compare the variability of data sets?

b. Describe the sample variance using words rather than a formula. Do the same with the population variance.

c. Can the variance of a data set ever be negative? Explain. Can the variance ever be smaller than the standard deviation? Explain.

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Statistics For Business And Economics

ISBN: 9780136855354

14th Edition

Authors: James T. McClave, P. George Benson, Terry T Sincich

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Question Posted: Feb 18, 2023 02:08 AM

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Answer the following questions about variability of data sets: a. What is the primary disadvantage of using

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