Which measures of dispersions is not affected by the presence of extreme observations?

CA Foundation · Quantitative Aptitude · MTP · September 2024
Which measures of dispersions is not affected by the presence of extreme observations?
(A) A. Range
(B) B. Mean deviation
(C) C. Standard deviation
(D) D. Quartile deviation

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Quartile deviation

Topics: Part-A: Business Mathematics, Part-C: Statistics

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