Jerry N.

asked • 03/18/21

Does the range rule of thumb produce an acceptable​ approximation? Suppose a researcher deems the approximation as acceptable if it has an error less than​ 15%.

Below are the range and standard deviation for a set of data. Use the range rule of thumb and compare it to the standard deviation listed below. Does the range rule of thumb produce an acceptable​ approximation? Suppose a researcher deems the approximation as acceptable if it has an error less than​ 15%.


Range = 40

Standard Deviation = 10.744


The estimated standard deviation is __________.

​(Round to three decimal places as​ needed.)

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