In: Statistics and Probability
If the range of a data set is 18, estimate the standard deviation of the data.
Compute the standard deviation by using the range rule of thumb.
The estimated standard deviation is,
s ≈ Range(R)/4 …… (1)
Substitute 18 for R in Equation (1).
Therefore,
s ≈ 18/4
≈ 4.5
Thus, the value of standard deviation is approximately 4.5.
Thus, the value of standard deviation is approximately 4.5.
Thus, the value of standard deviation is approximately 4.5.