Asked by Ankit Aggarwal on Sep 23, 2024
Verified
If the observations are in the millions,a standard deviation of 10 would be considered small.If the observations are all less than 50,a standard deviation of 10 would be considered large.
Standard Deviation
The statistical measurement that calculates the spread or dispersion of a dataset relative to its mean, providing insight into the concentration of data points.
Observations
The act of recording data or information gathered from scientific or statistical study.
Millions
A numerical count or quantity equivalent to one thousand thousands or 10^6.
- Understand the concept of standard deviation and its significance as a measure of dispersion that takes into account all data points.
Verified Answer
GS
ganga singhabout 19 hours ago
Final Answer :
True
Explanation :
The standard deviation is affected by the scale or range of the observations. When the observations are in millions, a standard deviation of 10 is very small compared to the scale of the data. However, if the observations are all less than 50, a standard deviation of 10 is large in proportion to the range of the data.
Learning Objectives
- Understand the concept of standard deviation and its significance as a measure of dispersion that takes into account all data points.