false
They would both increase.
Yes.
The standard deviation of the population. the standard deviation of the population.
To accurately assess the correctness of statements concerning outliers, I would need to see the specific statements in question. In general, outliers are data points that differ significantly from the overall pattern of data, and they can influence statistical analyses, such as mean and standard deviation. Identifying outliers is important for understanding data distribution and ensuring the robustness of statistical conclusions.
false
They would both increase.
Strictly speaking, none. A quartile deviation is a quick and easy method to get a measure of the spread which takes account of only some of the data. The standard deviation is a detailed measure which uses all the data. Also, because the standard deviation uses all the observations it can be unduly influenced by any outliers in the data. On the other hand, because the quartile deviation ignores the smallest 25% and the largest 25% of of the observations, there are no outliers.
Yes, the mean deviation is typically less than or equal to the standard deviation for a given dataset. The mean deviation measures the average absolute deviations from the mean, while the standard deviation takes into account the squared deviations, which can amplify the effect of outliers. Consequently, the standard deviation is usually greater than or equal to the mean deviation, but they can be equal in certain cases, such as when all data points are identical.
The median is least affected by an extreme outlier. Mean and standard deviation ARE affected by extreme outliers.
Yes.
A good standard deviation for a stock is typically around 15-20. This indicates moderate volatility in the stock's price movements.
The standard deviation is the standard deviation! Its calculation requires no assumption.
The standard deviation of the population. the standard deviation of the population.
To accurately assess the correctness of statements concerning outliers, I would need to see the specific statements in question. In general, outliers are data points that differ significantly from the overall pattern of data, and they can influence statistical analyses, such as mean and standard deviation. Identifying outliers is important for understanding data distribution and ensuring the robustness of statistical conclusions.
The standard deviation is 0.
Information is not sufficient to find mean deviation and standard deviation.