Calculate the range and the interquartile range from the following data.Why is there a difference between the two?
10, 27, 28, 20, 30, 43, 55, 13, 24, 19, 40, 43
Range= 55-10=45
Interquartile range= 20
The range is much larger than the interquartile range because the interquartile range is less influenced by outliers.
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