Descriptive Statisticsmedium
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A dataset has range = 72 (minimum = 15, maximum = 87). Using the range rule of thumb (Range ≈ 4 × Standard Deviation), which is the best estimate for the dataset's standard deviation?
A dataset has range = 72 (minimum = 15, maximum = 87). Using the range rule of thumb (Range ≈ 4 × Standard Deviation), which is the best estimate for the dataset's standard deviation?