Consider the following statements Statement 1 Range is not a good measure of dispersion Statement 2 ...........

Mathematics (NDA) Statistics

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Consider the following statements:

Statement 1:Range is not a good measure of dispersion.

Statement 2:Range is highly affected by the existence of extreme values.

Which of the following is correct in respect of the above statements?

Both Statement 1 and Statement 2 are correct and Statement 2 is the correct explanation of Statement 1

Both Statement 1 and Statement 2 are correct but Statement 2 is not the correct explanation of Statement 1

Statement 1 is correct but Statement 2 is not correct.

Statement 2 is correct but Statement 1 is not correct.

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Explanation:

Statement 1:Range is not a good measure of dispersion.
Statement 2:Range is highly affected by the existence of extreme values.
Both Statement 1 and Statement 2 are correct and Statement 2 is the correct explanation of Statement 1
It is a fundamental concept. So, options ‘1’ is correct.