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A particular distribution is represented by two data points. If the Range and the Standard Deviation of the
distribution are
R&S respectively, what is the relation between them?
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Relationship between range and standard deviation:
- Both the standard deviation and range are procedures of the spread of a data set.
- This association is sometimes stated as the range rule for standard deviation.
- The range rule states us that the SD of a sample is roughly equal to one-fourth of the range of the data set i.e. SD=1/4range
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