As a measure of variation,the sample ___________ is easy to understand and compute.It is based on the two extreme values and is therefore a highly unstable measure.
A) range
B) standard deviation
C) variance
D) interquartile range
E) coefficient of variation

Question

Quizplus · Accepted Answer

The statement describes the range as an easy-to-understand and easy-to-compute measure of variation that is based on the two extreme values (maximum and minimum) in the sample. However, because it is based solely on these two values, it is highly sensitive to outliers and not considered a stable measure.

As a Measure of Variation,the Sample ___________ Is Easy to Understand