The MAD is a less effective measure of variation when compared with the average deviation from the mean.
Correct Answer:
Verified
Q3: The standard deviation is the positive square
Q3: The empirical rule is only applicable for
Q6: The Sharpe ratio measures the extra reward
Q9: Approximately 60% of the observations in a
Q10: The variance is an average squared deviation
Q13: The median is defined as…
A)The middle point
Q14: In a data set, an outlier is
Q16: The terms central location or central tendency
Q20: A box plot is useful when comparing
Q23: How do we find the median if
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents