The range rule suggests that the standard deviation is roughly the range divided by 4

Name: The range rule suggests that the standard deviation is roughly the range divided by 4
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Question

Quizplus · Accepted Answer

This statement is true. The range rule of thumb states that approximately 75% of the data falls within one standard deviation of the mean. Since the range is the difference between the maximum and minimum values in a dataset, dividing it by 4 gives an estimate of the size of one standard deviation.

The Range Rule Suggests That the Standard Deviation Is Roughly