The measure of variability easiest to compute, but seldom used as the only measure, is the
A) range.
B) interquartile range.
C) standard deviation.
D) variance.

Question

The measure of variability easiest to compute, but seldom used as the only measure, is the​
A) ​range.
B) ​interquartile range.
C) ​standard deviation.
D) ​variance.

Quizplus · Accepted Answer

The range is the easiest measure of variability to compute as it simply subtracts the smallest value from the largest value in the data set. However, it is not typically used as the only measure of variability as it only takes into account the extreme values and can be heavily influenced by outliers.

The Measure of Variability Easiest to Compute, but Seldom Used