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Commerce · Q1043

Business Statistics and Research Methods

Graduate and Post Graduate · Commerce · question 1043

Q1043

The inter quartile range:

A.
Relieson four values, and therefore, does not provide a measure of dispersion
B.
Can be calculated by subtracting the median from the fourth quartile
C.
Is normally used when the measure of central tendency is the mode
D.
Is representative of the middle 50% of values in the data set
Answer

Answer: Option D

Solution

Answer: Option D
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