A distribution of data has a maximum value of 96 , a median value of 59.5 , and a minimum of 23 . Use the range rule of thumb to estimate the standard deviation. Round results to the nearest tenth. (1 point) 14.6 36.5 18.3 9.7
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To estimate the standard deviation using the range rule of thumb, you can use the formula: Standard Deviation ≈ (Max - Min) / 4. Here, Max is 96, and Min is 23, so the calculation would be (96 - 23) / 4 = 73 / 4 = 18.25. Rounding this result to the nearest tenth gives us 18.3. Now, remember that the range rule of thumb is an estimate. It simplifies calculations and gives a quick ballpark figure for the standard deviation, but actual data can often tell you more nuanced stories. Don't shy away from calculating it directly if precision is what you're after!