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3-3: measures of variation

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Question
Answer
Range   The difference between the Maximum data value and the minimum data value  
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Round off rule of measures fo variation   carry one more decimal place than is present in the original set of data, found only the final answer  
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Standard deviation   measure of cariation of values about the mean, denoted by lowercase s  
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Variance   a measure of variation equal to the square of the standard deviation  
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Range Rule of thumb   based on the principle that for many data sets, the vast majority of a sample values lie within two standard deciations of the mean  
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Properties of standard deviation   -measures the variation among data values, -valuses close together have a small standard deviation, but values with much mroe variation have a larger standard deviation, -has same units of measurement as original data  
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Properties of standard deviation cont.   a vaule is unusual if it differs from the mean by more than 2 standard deciations  
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Empirical Rule   68-95-99.7 rule, for data sets haveing a sistribution that is approxiimately bell shaped  
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Chebyshev's Theorem   Proportion (or fraction) of any set of data lying within K standard deviations of the mean is always at least 1-1/k^2, where K is any positive number greater than 1.  
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