A high variance indicates that:
A)the mean value is very high.
B)most values are very close to the mean.
C)most values are higher than the mean.
D)most values are lower than the mean.
E)the variation among the values is high.

Question

Quizplus · Accepted Answer

A high variance means that there is a large difference between individual values in the data set, indicating that the variation among the values is high. It does not necessarily indicate that the mean value is very high, that most values are close to or higher than the mean, or that most values are lower than the mean.

A High Variance Indicates That