The key advantage of measuring ranked data is that it minimizes ______ caused by outliers.
A) significance
B) effect size
C) variability
D) all of these

Question

Quizplus · Accepted Answer

Ranked data involves categorizing data in a specific order, such as from smallest to largest. Outliers are extreme values that lie far away from the other data points and can significantly impact measures such as means and standard deviations, leading to high variability. Using ranked data minimizes the impact of outliers by focusing on the order/ranking of the data rather than the actual values, reducing the variability caused by outliers. Therefore, the key advantage of measuring ranked data is that it minimizes variability caused by outliers.

The Key Advantage of Measuring Ranked Data Is That It