Which of the following statements is true of the measures of variability?
A) Low variability indicates that the observations are located farther from the mean.
B) Two data sets can have the same number of observations and the same mean, median, and mode but have different variability.
C) Like the mean, the variance and standard deviation have the advantage of considering select observations in the data set.
D) Compared to the standard deviation, the variance is more easily interpreted because it is stated in terms of basic units.
B
Explanation: B) Two data sets can have the same number of observations and the same mean, median, and mode but have different variability.
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