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Earn +20 ptsQ: Is the range in distribution ever smaller than standard deviation in a distribution?
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What does standard deviation provide when measuring the range of possible outcomes of a distribution?
It is a measure of the spread of the outcomes around the mean value.
How do you find the interquartile range when given the mean and standard deviation?
In general you cannot. You will need to know more about the distribution of the variable - you cannot assume that the distribution is uniform or Normal.
Is it possible that you can have a smaller range and a large standard deviation?
Yes. Consider 1,1,1,1,1,3,5,5,5,5,5 and 0,3,3,3,3,3,3,3,3,3,5 Set 1: Range = 4, sd = 2.00 Set 2: Range = 5, sd = 1.14
Is the range used to compute the median or standard deviation?
Neither.
How do you calculate sample standard deviation?
Here's how you do it in Excel: use the function =STDEV(<range with data>). That function calculates standard deviation for a sample.
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