RESEARCH METHODOLOGY

METHODS OF DATA ANALYSIS

MEASURES OF DISPERSION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A value that is much higher or much lower than the other values in a set of data.
A
Outlier
B
Box Plot
C
Range
D
Histogram
Explanation: 

Detailed explanation-1: -An outlier is a value that is much larger or smaller than the other values in a data set, or a value that lies outside the given data set.

Detailed explanation-2: -A value that “lies outside” (is much smaller or larger than) most of the other values in a set of data. For example in the scores 25, 29, 3, 32, 85, 33, 27, 28 both 3 and 85 are “outliers".

Detailed explanation-3: -An outlier is an unusually large or small observation. Outliers can have a disproportionate effect on statistical results, such as the mean, which can result in misleading interpretations. For example, a data set includes the values: 1, 2, 3, and 34.

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