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The Range and Standard Deviation of the Data Set Below 5,24,25,26,405,24,25,26,40

Question 1

Essay

The range and standard deviation of the data set below are 35 and 12.47 respectively. 5,24,25,26,405,24,25,26,40 If the 26 is replaced with 39, how will this affect the range? How will this affect the standard deviation. Use your answers to explain why the standard deviation is preferable to the range as a measure of variation.

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