What is the difference between the standard deviation

Reference no: EM133370968

Questions:

1. What is the difference between the standard deviation and the coefficient of variance? When is it appropriate to use each measure?

2. What is an Outlier?

3. When is it appropriate to use the arithmetic mean as opposed to the median?

4. If data are skewed to the right, which is greater the median or the mean?

5. If the 4 person in a group are the same age let say 35 years then the 4 values in the data set

35 35 35 35

a. Calculate the standard deviation for these data.

b. Comment on the results

Reference no: EM133370968

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