Answer:
Option B) False
Step-by-step explanation:
We define the following terms:
Range:
It is the difference between the minimum and maximum value of data.
It is effected by presence of outliers.
Interquartile range:
It is the difference between the third quartile and the first quartile of data.
Variance:
[tex]\text{Variance} = \displaystyle\frac{\sum (x_i -\bar{x})^2}{n}[/tex]
where [tex]x_i[/tex] are data points, [tex]\bar{x}[/tex] is the mean and n is the number of observations.
It is a measure of spread of the data. It is effected by presence of outliers as they increase the variation in the data.
Thus, the given statement is false.
