In a study off the size of houses in a certain region, the mean size was found to be 1929.5 square feet with a median size of 1200 square feet. Which value is the more appropriate measure of spread?
a. |
The IQR because the data is symmetric. |
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b. |
The standard deviation because the data is symmetric. |
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c. |
The IQR because the data is skewed. |
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d. |
The standard deviation because the data is skewed. |
The answer is:
The data is skewed because the Median(1200) is less than the mean(1929.5)
For skewed data, it is always better to use the IQR rather than the standard deviation. In a skewed distribution, the upper half and the lower half have a different amount of spread, so standard deviation would not be able to describe the data very well. The IQR, on the other hand, will provide a much better picture.
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