Measures of Dispersion Flashcards
1
Q
What are the strengths and weaknesses of calculating range?
A
Strengths:
* Easy to calculate
* Useful to back up reliability of data
Weaknesses:
* Affected by extreme values
* Only tellus us about highest and lowest values, not all data in the set
* Does not tell us of the spread around the mean
2
Q
What do high/low standard deviations mean?
A
- High number shows a varied, wider spread of data
- Low number shows a consistent, narrow spread of data
3
Q
What are the strengths and weaknesses of calculating standard deviation?
A
Strengths:
* Precise measure of dispersion as it takes all values into account
* Not affected by extreme values
* Not difficult to calculate if you have a calculate
Weakness:
* May hide some characteristics of the data (e.g extreme values)