A random sample of 500 graduating graduate students who attended My University (MU) are surveyed about their graduate students experiences at MU. The lowest amount of financial aid in the form of student loans was $0.00 and the highest amount was $100,000. Which measure of variability do these values reflect?
A) Mean
B) Median
C) Mode
D) Range
E) Standard deviation

Question

Quizplus · Accepted Answer

The lowest and highest amounts of financial aid represent the range, which is a measure of variability indicating the difference between the highest and lowest values in a dataset.

A Random Sample of 500 Graduating Graduate Students Who Attended