Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 3 - Section 3.2 - Assess Your Understanding - Explaining the Concepts - Page 156: 52

Answer

The range uses only two observations while the standard deviation uses all observations.

Work Step by Step

$R=largest~value-smallest~value$ $σ=\sqrt {\frac{Σ(x_i-μ)^2}{n}}$ where $i=1, 2, 3, ..., n$
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.